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Wales Online
Wales Online
National
Vicky Shaw, PA Personal Finance Correspondent & David Flett

Over 66% of 50 to 64-year-olds unaware of how much they need for their retirement

SMF

A retirement “guidance gap” risks causing real financial harm and needs to be closed, according to a think tank.

The Social Market Foundation (SMF), a cross-party think-tank, said more than two thirds of 50 to 64-year-olds do not know how much they will need for retirement.

It is calling for an overhaul of rules around providing financial advice and guidance.

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