RP re-cap: The week's key stories

Helen Morrissey
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Yet more gloomy news for the nation's savers...

Fifth 'saving nothing' for retirement A fifth of workers are failing to save anything for retirement, Scottish Widows research suggests. The report also found those aged between 30 and 50 are falling behind older people in saving for retirement. Some 59% of those aged over 50 are preparing financially for their retirement compared with 47% of those aged 30 to 50. The survey also found 49% of those surveyed were not making adequate provision for their retirement - defined as saving at least 12% of earnings a year. MORE...

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