Working 9 to 5 – Almost three quarters of employees expect to work beyond the traditional retirement age

Working 9 to 5 – Almost three quarters of employees expect to work beyond the traditional retirement age

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Pension time bomb

Planning to prevent the financial equivalent of climate change

Millions of workers across the UK could be heading for a significant shortfall in the amount of pension they need for an adequate income. The World Economic Forum (WEF) has issued a warning that calls on the Government to impose faster pension-age rises as it earmarks the UK as one of several countries facing a ‘pension time bomb’, with the UK pension savings gap reaching £25 trillion by 2050 if action is not taken soon.