26 June 2009
According to research carried out by Fidelity International,
Britons expecting to retire comfortably on a two-thirds pension
from their final salary pension scheme may have to work until the
age of 77 or top up their pension with an additional 8% of their
salary each year if they wish to retire at the standard age of
65.
According to Fidelity's analysis, a young worker on the average
wage, whose employer puts in the average amount, only needs to find
an extra 8% of salary if they want to retire at 65.
