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The Independent UK
The Independent UK
Business
Vicky Shaw

About 54% of households not saving enough for retirement, MPs told

PA

More than half of households are not saving enough to maintain their living standards in retirement, a committee of MPs has heard.

Giving evidence to the Work and Pensions Committee about where automatic enrolment into workplace pensions needs to improve, Phil Brown, director of policy for B&CE, provider of the People’s Pension, said: “Pension adequacy… is something we’re still aspiring to at the moment…

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