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Pension UK: Britons in their 40s and 50s lagging behind in retirement savings - act now | Personal Finance | Finance


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Pension saving is usually assumed to take place through a combination of workplace and personal arrangements, which, when combined with the state pension, can provide a healthy sum for retirement. However, beneficial help to build up a pension fund such as auto-enrolment has only been introduced in recent years, and still remains a relatively new concept. In addition, many of the older pension schemes, such as Defined Benefit which provides a secure and increasing income for life, have been phased out and replaced with alternatives. ....

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