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Recession leads to retirement concerns

25 November 2009

Research by Aviva has revealed that over a third of consumers think their pension funds have been reduced because of the recession. Twenty three per cent said they have reduced their outgoings in the past year in order to save enough for retirement.

More than 1,200 individuals approaching retirement were surveyed and of those surveyed, a quarter of respondents are worried about how they will fund retirement, with five per cent admitting that they will be relying on part-time employment.

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