Only 20% of the population confident in retirement savings.
Report reveals ways to improve pension engagement
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Only 20% of the population confident in retirement savings.
Announcement has implications for UK employers.
PSLA recommendations could help bolster retirement security.
Announcement part of wider pension reforms.
Future pensioners could face “substantial financial difficulties”.
Figures show 16% of people aged 40 to 75 haven’t saved for retirement.
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