An alarming proportion of young workers in the UK have no plans for their future retirement in place, it has been revealed. It comes after a period of uncertainty stemming from the 18-month lockdown which saw 11.7 million employees out on furlough leave, at a cost of £70 billion.
But, the easing of restrictions has provided the economy and most of the industry to recoup their financial positions.
A recent survey of 1,000 people carried out by Opinium on behalf of Hargreaves Lansdown revealed that over one-third (34 per cent) of people aged 45-54 have no plans in place for their remaining working years. Meanwhile, around a quarter of those aged 25-34 and 35-44 have no plans for working between the age of 50 and reaching retirement, the Daily Record.
