Everybody will be happy in the future!" proclaimed the pensions minister last week at the Institute of Fiscal Studies (IFS). Steve Webb has faith that auto-enrolment and the triple-locked state pension "will ride like the cavalry to the rescue" to ensure retirees' incomes stay sufficient.
According to a new methodology to model retirement, the IFS believes 92% of couples born in the 1940s have accumulated more wealth than they need to maintain their standards of living in retirement...
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