Life expectancy in the UK has continued to rise since the end of the Second World War and as a result, the UK’s population is aging with the number of pensioners growing year on year.
At the same time, and particularly since the 1980s, the state of the UK pensions sector has altered radically with the age of ‘gold plated’ final salary schemes offering a slew of benefits such as critical illness cover and guaranteed income rates coming to an end for all but a few.
Additionally, low interest rates since the 2008 financial crash has led to investment returns all […]
Full Post at www.liverpoolecho.co.uk