Friday, May 23, 2014
The woeful state of pension and savings provision for the majority of Brits
A subject that I have been bleating on about for years is the awful state of the savings and pension position of Brits.
Pensions and wealth is skewed to the top 20%, towards men and most of the wealthy older people are in London and South East.
Just take a look at the chart and remember that only applies to people that have some sort of pension but 42% of people have no pension provision.
If you really want to understand the financial situation of most older people then download and read this report. Dick Stroud