Pauper Pensioners ; Refusal to Save Now Means Four Out of Five Scots Are Doomed to a Life of Poverty When They Retire

Daily MailJune 27, 2005

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Summary


MORE than nine out of ten Scots women and eight out of ten men face poverty in old age.

The vast majority of adults north of the Border are not saving enough to ward off hardship when they retire, a survey has revealed.

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Extract


Pauper Pensioners ; Refusal to Save Now Means Four Out of Five Scots Are Doomed to a Life of Poverty When They Retire

The Government is already desperately looking for ways to ease the pressure on the creaking state pension system.

Adair Turner, the head of its Pension Commission, has even suggeste...

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