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Millions Not Saving for Retirement

New survey shows extent of pensions apathy

2nd November 2004



A new survey by the Association of British Insurers has further shown the extent of pensions apathy in the UK, with over 7 million employees not putting any savings aside for their retirement.

Another 4.8m are saving a little, but not enough to provide a comfortable income.

There was some hope for the future though, with 42% of people believing they were primarily responsible for funding their own retirement rather than the state, up from 35% last year.

Read More: Money Guardian





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