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Fewer save enough for retirement

27 June 2006

Fewer people are saving enough for their retirement, according to research published by Scottish Widows.

Scottish Widows says that in the last year the percentage of people saving adequately for their old age fell from 55% to 46%. At the same time, the proportion failing to make any form of pension saving rose from 17% to 28%.

The insurer commissioned market research with questions being put to 5,806 people.

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