Govt says 12.5mn people undersaving for retirement

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Govt says 12.5mn people undersaving for retirement
"The grim reality is that only half of Brits will enjoy a ‘moderate’ standard of living in retirement on current projections," said AJ Bell's Tom Selby

The Department for Work and Pensions has said 12.5mn people are undersaving for retirement, prompting providers to call for further pension reform.

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