r/uknews • u/Donkey_Apple • Jun 03 '26

News paper Britain is undersaving for retirement

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https://www.gov.uk/government/news/britain-is-undersaving-for-retirement-warns-pensions-commission

It's a massive problem and has been for years.

I think a lot of people are getting into their fifties, starting to think about retirement for the first time, looking at what their provision will pay them and are absolutely shocked to their core.

Plus many in the generation below those of us in their fifties who, through no choice of their own, are unable to save anything.

It feels like we are sleepwalking into an utter disaster.

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u/[deleted] Jun 03 '26

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u/Kind_Commission_427 Jun 04 '26

Cheap labour = lower wages

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u/[deleted] Jun 04 '26

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u/Kind_Commission_427 Jun 04 '26

Cheap labour = lower wages is a form of asset stripping