Monthly Archives: August 2019

UK Has Worst Rate of Pension Poverty in Europe

Pensioner looking worried with money

A new report has reveled that the pensioners in the United Kingdom suffer from the highest rate of “pensioner poverty” in Western Europe. The study shows that those eligible for the State Pension are FIVE times more likely to face financial hardship. This comes as Iain Duncan Smith’s think tank CSJ suggested the retirement age should increase to 75 by

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