Misjudged life expectancy will up pensions crisis - Sofa

According to research conducted by Sofa, the average UK worker underestimates his or her likely life expectancy by an average of 5.3 years. This will potentially add another burden on the state as more people will fail to make sufficient pension provision, Sofa says. Sofa managing director Bob Bullivant says: "It is a disaster quietly bubbling under, but it is timed to explode in years to come as today’s work force realises it has collectively short-changed itself in making appropriate provision for a long retirement. "Our research will add significantly to the debate that the UK p...