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The Independent UK
The Independent UK
National
Nadine White

Black and Asian ‘pension gap’ putting millions at risk, think-tank warns

Black and Asian people are less likely than white Britons to save into a pension scheme, risking financial instability for millions in their old age, a think-tank has warned while urging ministers to act.

The Social Market Foundation (SMF) think-tank found that just 25 per cent of people from ethnic minorities have a workplace pension, which is below the national rate of 38 per cent.

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