Fifth expect to retire on less than £10,000 a year

Laura Miller
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Almost a fifth (18%) of people retiring in 2010 expect to receive less than £10,000 a year from their pensions and investments, as expected incomes drop for the third year runnning, research suggests.

The figure, up from 11% in 2009 and 9% the previous year, means retirees in 2010  expect to be £1,270 a year worse off than their 2009 counterparts, and £2,154 poorer than the 2008 group. Aver...

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