TITLE

More than one in five failing to save for retirement

AUTHOR(S)
Salih, Chris
PUB. DATE
May 2012
SOURCE
Money Marketing (Online Edition);5/21/2012, p31
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on a survey which that found that 22 percent of people are not making any provision for their retirement in Great Britain. The Scottish Widows Pensions Index focused on people in the age group of 30 years-old who earn more than 10,000 pounds per year. The survey found that people actually want a 200 pound increase in their annual pension income even as their retirement savings are falling.
ACCESSION #
75899058

 

Related Articles

  • Rescue mission. BRODBECK, SAM; SANDS, MARK // Money Marketing;9/24/2015, Issue 1502, p4 

    The article reports that the Great Britain Government is requesting people to save auto-enrolment and launched automatic enrolment to boost the private pension savings of workers as defined benefit schemes closed and longevity increased. Topics discussed includes a survey conducted The Pension...

  • RETIRE ON $3,000 A YEAR? Scott, Matthew // Black Enterprise;Jun2005, Vol. 35 Issue 11, p58 

    Presents advice on retirement plan contributions and savings in the U.S. Suggested amount of contributions to reach the desired amount of savings; Projected amount of pension to be received upon retirement using the Amount Saved Calculator.

  • Savers put holidays before retirement. Pow, Helen // Money Marketing;10/11/2007, p34 

    The article reports on the publication of the Retirement Income and Savings Report that highlights the complacency that many people have regarding the retirement funding where one-third are not saving at all in Great Britain. According to more than half of the respondents, they would be relying...

  • Are Canadians Saving Enough? Sarlo, Chris // Fraser Forum;Oct2004, p3 

    Examines the problems related to the retirement income in Canada. Decrease of savings rate of individuals in pre-retirement; Average levels of Canada pension and old age security benefits; Need for the government to establish a consistent savings rate for their retiring citizen.

  • To Insure Longevity Risk Or Not: That Is The Question. Carr, Dennis L. // National Underwriter / Life & Health Financial Services;8/6/2007, Vol. 111 Issue 29, p28 

    The article discusses the goal of retirement income planning whether to insure it against longevity risk or the risk of outliving assets. It showed three major factors involve in designing for this plan including the investment returns, the inflation rates and its lifespan or the planning...

  • Get your clients started: 10 smart moves for retirement. Kahan, Stuart // Accounting Today;8/8/2005, Vol. 19 Issue 14, p18 

    Offers advice on for investors on securing a retirement. Common retirement savings mistakes that should be avoided; Ways to save money for retirement; Creation of a regular income stream.

  • Bridging the Gap: Anticipated Shortfalls in Future Retirement Income. Hershey, Douglas; Jacobs-Lawson, Joy // Journal of Family & Economic Issues;Sep2012, Vol. 33 Issue 3, p306 

    Determining an appropriate and desirable income replacement rate is one of the keys to developing a successful personal financial plan for retirement. In the present investigation, we examined workers' expectations of the pre-retirement income they believed would be necessary in order to have a...

  • CATCHING UP ON RETIREMENT. Scott, Matthew S. // Black Enterprise;Dec2004, Vol. 35 Issue 5, p50 

    Presents advice on appropriate allocations for retirement plans. Annual plan contribution limit from 2004 to 2006; Reason for the savings generated from retirement contributions; Expected financial growth of a $15,000 a year investment.

  • Late expectations. Duncan, Emma // Money Marketing;1/8/2009, p27 

    The article presents a question and answer advisory on the benefits of long-term pension saving. It presents the author's views on the purpose of pension saving as well as discusses how pension saving is being done as a basic-rate taxpayer. The author provides a situation which shows the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics