21 April 2008
According to research from Axa, 91% of Britons are concerned
that public pension reforms will mean an increase in the number of
years they will have to work and a reduction in state benefits.
Despite this, the survey showed that 57% of workers believed
they would have enough money to sustain them in retirement, with
64% of retirees saying their current income was enough - compared
to 57% last year.
Steve Folkard, head of pensions and savings policy at Axa
commented: "The research shows that a significant number of people
are sure that retirement reform will lead to reduced public pension
benefit and with this in mind, we would advise people to take steps
as early as possible to secure their own retirement income."