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Future pensioners to be worse off, government warns

30d ago
Business
BBC Business
Future pensioners to be worse off, government warns
A government report from the Department for Work and Pensions (DWP) warns that future pensioners face a less comfortable retirement than current retirees. The report indicates that a significant 40% of individuals are not adequately saving for their retirement, potentially leading to financial hardship in later life. The DWP urges individuals to review their pension contributions and consider increasing their savings to ensure a more secure financial future.
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