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Younger workers 'saving more for retirement than older ones'.

THE 1980s generation are more "switched on" to pensions than many of their older colleagues and are also more determined to save extra in the coming year, research suggested today.

Despite the pressures of student debt or trying to get on the property ladder, people aged between 25 and 34 years old are more likely than many older workers to be planning to increase their retirement saving over the next year, the National Association of Pension Funds (NAPF) found.

More than half (53 per cent) of the younger workers surveyed said that they plan to put more money by for their later years over 2013, compared with 26 per cent of 45 to 54-year-olds.
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Publication:Coventry Evening Telegraph (England)
Date:Apr 8, 2013
Words:114
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