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Pension Gap Widens In The UK Finance Articles | September 5 Cheap Replica Soccer Jerseys , 2007 It has emerged that there is a real "crisis" with the confidence surrounding the British pensions sector.According to Alliance Trust's annual retirement confidence index (RCI), the gap in those failin...
It has emerged that there is a real "crisis" with the confidence surrounding the British pensions sector.
According to Alliance Trust's annual retirement confidence index (RCI), the gap in those failing to put money away for later life is rising as some 26 per cent of consumers are currently without any form of pension - up from 20 per cent noted last year. However, with evermore Britons set to face financial difficulties later in life Cheap Authentic Soccer Jerseys , it appears that women could be in line for the greatest strife. Just under a third (31 per cent) of females are currently not making any contributions towards a savings fund, an increase from the 23 per cent recorded during last year's RCI. Meanwhile, 22 per cent of men are without retirement provisions, up from the 17 per cent noted last year. In addition Cheap Soccer Jerseys Free Shipping , the proportion of people who believe they will receive a state pension in later life stands at 35 per cent - a fall from the 49 per cent recorded last year.
It was also revealed by the study that just over half (55 per cent) of Britons aged between 19 and 29 have not made any savings for later life. However, with this in mind, only six per cent of consumers in the age bracket feel "totally unconfident" that they will not be able to put enough money away to fund a "comfortable retirement". Yet it was consumers in the "prime of their working lives" who could be set for the most retirement trauma as one in ten people aged between 30 and 49 are "totally unconfident" that they will be financially comfortable in later life. Meanwhile, only one per cent of Britons within this age group are "totally confident" about their future.
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