The baby boom generation looks set to sleep walk into retirement as 40% have yet to begin saving into a pension, research shows.
Some 63% also held their savings in cash and will have seen the value of their savings decline from £1,000 to £853 over the past five years due to inflation, according to the Blackrock Investor Pul...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date