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Evening Standard
Evening Standard
Vicky Shaw

12.2m UK adults at risk of pension poverty in later life, report estimates

Scottish Widows Poverty United Kingdom the Pensions Commission
Some groups of people are particularly likely to be at risk of poverty in retirement, Scottish Widows said (picture posed by model/Lucy North/PA Archive) - (PA Archive)

Around 12.2 million adults across the UK are at risk of being unable to cover their basic financial needs in retirement, a report estimates.

The report, published by Scottish Widows, did indicate an improvement compared with last year – when 15.3 million people were thought not to be on track for even the minimum needed in retirement.

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