70% of low-paid can't afford pension contributions

LGIM study highlights who is slipping through the AE net due to the cost of living crisis

clock • 3 min read
70% of low-paid can't afford pension contributions

Lower paid workers could face harsher retirements due to the cost of living crisis stopping them from being able to afford pension contributions, according to Legal & General Investment Management (LGIM) research.

The pressures of inflation of today's household finances could have a negative impact as 69% of low earners not contributing to a workplace pension say they cannot afford to, even though almost 60%...

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