Pension

Pension

PLSA reports sharp increase in cost of 'moderate' retirement

The PLSA has recently reported a sharp increase in the cost of a 'moderate' retirement, which should serve as a wake-up call for the government. Former pensions minister Sir Steve Webb has emphasized the urgency of addressing these rising costs to ensure a secure retirement for all individuals.

With the cost of retirement on the rise, it is essential for policymakers to take action to protect the financial well-being of retirees. By addressing these challenges now, we can work towards creating a more sustainable and secure pension system for future generations.