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May 21st, 2012 
FAKE NEWS for the Zionist agenda According to a survey by the pension provider Scottish Widows, some 22% of those aged between 30 and state pension age and who earned at least £10,000 a year have failed to save anything for their retirement, sacrificing saving in favor of covering immediate bills.
The Scottish Widows annual review of pensions, which questioned 5,200 UK adults, also found the proportion of those who are saving the minimum needed into a personal pension has dropped to 46 percent, down from 51 percent in 2010 and 54 per cent in 2009.
Ian Naismith, head of pensions market development at Scottish Widows, said, “These are alarming findings as UK pension provision has hit an all-time low.”
Warning that every year an increasing number of people do not have any pension provision, the pension provider also urged the UK government to take urgent steps to alert the nation to this old age poverty timebomb.
“People failing to make any kind of provision for their later years are in a particularly precarious position,” Naismith further said.
“Some may think that they will be able to fall back on the state pension, property or a partner’s pension and while these options may provide some level of support, saving nothing for retirement could be a fast track to financial problems.”
SSM/HE
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