Pension warning to 39 per cent of people who face 'hardship'

Pension warning to 39 per cent of people who face 'hardship'

People from a list of groups are most likely to be facing difficulties

Nearly two in five ‘at risk of being unable to afford basic needs in retirement’

Pension savings levels have failed to keep pace with the rising cost of living, according to a new report

39% of people ‘not on track to afford even a minimum lifestyle when they retire’

The research from Scottish Widows highlighted several groups of people who may be at particular risk of falling short financially in retirement.

End to deeming freeze could leave pensioners out in cold, warn advocates

Seniors battling cost-of-living pressures could face further hardships if the federal government ends the deeming rate freeze, says National Seniors and COTA.

Nearly 40% are at risk of being unable to meet basic needs in retirement - Credit Connect

Nearly 40 per cent of people are at risk of being unable to cover their basic needs in retirement, up from 35 per cent in 2023, according to a report from

Nearly two in five 'not on track to afford even a minimum lifestyle when they retire’

The research from Scottish Widows highlighted several groups of people who may be at particular risk of falling short financially in retirement.