Two-thirds 'sleepwalking' into retirement and will run out of pension in their 80s

clock • 3 min read

Older savers are at risk of running out of their defined contribution (DC) pension savings with a third of their retirement still ahead, according to research by The People’s Pension and State Street Global Advisors.

The New Choices, Big Decisions study, which looked at people's retirement planning and spending habits since the introduction of the 2015 pension freedoms, mean many could end up having to spend th...

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