A quarter of UK adults near retirement have no pension scheme in place

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About one quarter of adults approaching retirement in the UK is without an occupational pension, leaving them to face the prospect of working indefinitely, Baring Asset Management says.

Research from the investment manager found 1.4 million people aged 55 to 64 - 26% of the cohort - still did not have a pension in place to fall back on in retirement, opening the possibility of hav...

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