71% of UK adults support increased minimum auto-enrolment pension contribution rates due to a £100,000 savings gap in retirement.
71% of UK adults believe the government should increase minimum auto-enrolment pension contribution rates, as 14 million people face a £100,000 savings gap in retirement. Phoenix Group research reveals that 68% of those surveyed face a savings gap for their expected retirement income. The majority of UK adults support a government review of the pension system to ensure adequate retirement income, with 83% in favor.
May 30, 2024
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