Urgent action needed to fill £9trn savings gap

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Radical ideas such as abandoning the term ‘pension' and introducing an industry paid for lottery for savers should be adopted to plug the £9trn retirement savings gap, Ros Altmann says.

Writing in the Chartered Insurance Institute's report An age-old problem, developing solutions for funding retirement, published today, Saga's director general said it was clear that people had los...

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