abrdn sets out five steps to solve the UK’s looming pensions crisis

From cutting stamp duty on shares to simplifying Isas, abrdn outlines how we can create a nation of savers and investors

abrdn
(Image credit: abrdn)

It’s an uncomfortable truth but one we need to face up to: Britons are not saving enough. 

While many more people are now saving into a pension thanks to the introduction of auto-enrolment in 2012, this is still not enough. Investment company, abrdn, for example, is calling for contributions to workplace pensions to increase (and ideally double) to give people the quality of life in retirement they expect. 

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