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Welcome To IANS Live - NATION - Most ethnic minority groups in UK save less into pensions: Study

Findings from Phoenix Insights latest report show that pension participation among ethnic minorities is lower than average, and non-pension sources are expected to play an important role in funding the retirement of ethnic minorities.The

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Ethnic minority groups save less into pensions

Phoenix Insights article on ethnic minority groups saving less into pensions

United kingdomUnited statesPhoenix groupPhoenix insightPhoenix insightsPhoenix insight longer lives indexBlack africanWhite britishEthnic minority groups save less into pensions findings from phoenix insights latest report show that pension participation among minorities is lower than averageNd non pension sources are expected to play an important role in funding the retirement of ethnic minorities howeverOst ethnic minority groups expect an income between 3000 7000a year higher than the uk average and aim to retire up two years earlier greater awareness of how much money is needed for life in retirement vital ensure pensioners from ethnic minorities can afforda good standard living after leaving work

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