More than a third of UK consumers believe their pension savings have been depleted by the recession, new research by Aviva has discovered.Thirty five per cent of the 1,200 people polled - all of whom are nearing retirement - said their retirement funds have fallen in value because of the credit crunch.Over one in ten [...]
It's actually quite scary how much the recession has affected pensions, and how little we are being told about the extent of it and given advice.
Those in their 20's now, just starting their working life are going to be paying back government and recession debt for years to come, and state pensions are bound to be non existent by the time they reach retirement age. It's terrifying!
Recession dents UK pension funds
