'Under-saving' for retirement
The proportion of people who are saving enough for their retirement has fallen to its lowest level in nine years, a report has warned.
Retirement age is the 'one certain thing in life'
Marta Phillips from the Pensions Advisory Service has told Daybreak that getting to retirement age is the "one thing that is certain".
She said: "If you live long enough you will stop working and you will need money to live on."
"People forget sometimes," she added. "If you don't participate [in a company's retirement scheme], you are actually giving up part of your salary package because if you don't put your money in the employer doesn't put his money in and the tax man doesn't give you the tax back."
More top news
-
Joe Biden vows to fight racial inequality with economic agenda
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
-
Trump reverts to promoting unproven drug as coronavirus treatment
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
-
What the papers say – July 29
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.