Vast inequality in pension saving highlighted in ONS data

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The poorest 50% contributed just 6% of the total pension savings made by 50-64-year-olds in the UK between 2006 and 2008, figures show.

Data from the Office for National Statistics (ONS) shows the poorest half of the country saved just £122bn out of total savings of £2.2trn in the period, or 5.5%. Meanwhile, the richest 10% of households...

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