FUNDING FOR A COMFORTABLE RETIREMENT

摘要

A recent survey by HSBC, The Future of Retirement: A New Reality, suggests that the average Briton is likely to spend 19 years in retirement, with savings that will run out after just seven. As a result, the UK has been named the worst country in the world at saving for retirement. In response, Joanne Segars, the chief executive of the National Association of Pension Funds, said, "The UK needs to do more to face up to saving for its old age. For millions of people, that will mean working longer or saving more, or both. Too many people will retire only to find they have to significantly downgrade their lifestyle because they do not have enough savings."