National retirement forecast should spur advisers to action

Our annual Scottish Widows Retirement Report has taken the pulse of the UK pensions landscape for the best part of two decades, but the latest edition unveiled last month includes a new national retirement forecast (NRF). Not only does the NRF reaffirm our view that UK savers risk falling seriously short in retirement, but it also highlights how underprivileged groups are already struggling most to make ends meet. Advisers must go the extra mile to reach marginalised groups whose members risk falling into a retirement savings crisis. Disabled people and some ethnic minority groups are...