Fewer than one in five (17%) employees have factored the cost of long-term care into their retirement planning, research by professional services consultancy firm Barnett Waddingham has revealed.
What steps can HR leaders take to address rising pension inadequacy?
The number of people not saving enough for a minimum retirement lifestyle has increased by 1.2 million people (3%) in the last year, a report from pensions provider Scottish Widows has revealed.