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flag UK revives Pensions Commission as 15 million people face retirement savings shortfall.

flag The UK government is reviving the Pensions Commission to address the retirement savings crisis, as 40% of the population, or 15 million people, are not saving enough for retirement. flag Work and Pensions Secretary Liz Kendall warns that tomorrow's pensioners may be poorer than today's due to factors like the gender pensions gap and low savings among the self-employed. flag The commission, reporting in 2027, follows earlier reforms that increased workplace pension enrollments from 55% to 88% since 2012.

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