Will the State Pay for Our Retirement?

The current State Pension system - guarantees anyone with requisite NI contributions a pension of £150ish a week (in real terms. It is protected by the "triple lock" and guarantees a minimum income on reaching State retirement age. But....it's not enough to live on - it's only it's only remotely enough for those with no housing costs and no-one believes the triple lock is affordable for much longer. How much can we rely on the State to fund a retirement.
Presenter:Paul Lewis
Producer: Ben Carter
Editor: Andrew Smith.

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28 minutes

Last on

Wed 9 Aug 2017 15:00

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The Death of Retirement

The Death of Retirement

Money Box explores what retirement might look like in the future,

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