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The Independent UK
The Independent UK
Business
Vicky Shaw

Workers face retirement crisis as one in three can’t cover basic needs

Scottish Widows United Kingdom

Over a third of UK workers, 34 per cent, risk being unable to cover their basic needs in retirement, new research from Scottish Widows indicates.

A "national retirement forecast" model, developed by Scottish Widows and Frontier Economics, estimated potential incomes for those aged 22 to 65, based on savings and spending.

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