30 October 2009
According to research carried out by Aon Consulting, young
workers of defined contribution pension schemes (i.e. money
purchase pension schemes) are recognising the importance of saving
more effectively for retirement.
Of the 4,000 people surveyed, it was revealed that 70% of those
aged 25-34 fear that they will not have enough money to live on in
retirement, compared with 50% of the 55-64 age group.
