Ticking Timebomb May Explode Pension Plans

Summary


T he Westcountry is sitting on an economic timebomb with half of all adults having no pension in place to fund their retirement.

As Britain faces an unprecedented financial crisis that has seen a dramatic fall in house prices and the enforced nationalisation of high street banks, new figures revealed by Brewin Dolphin, the largest independent private client portfolio manager in the UK, show that over 50 per cent of adults (2.7 million) in the West region and Wales do not save in a pension.

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Extract


Ticking Timebomb May Explode Pension Plans

Furthermore, it means Wales and the Westcountry comes in second behind London (55 per cent) and ...

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