A report by Aviva and Deloitte has today cast a very dark shadow on the UK pension fund industry with the revelation of a £318 billion a year shortfall in pension funding in the UK. Each and every adult retiring over the next 50 years will need to put away over £10,000 a year to close the pension fund gap which is defined as the difference between income required for a comfortable living and that currently available from pension funding at the moment.
Is it time for you do something about this NOW!
What about your Pension?
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