Pensioners earn more than working people

For the first time in history, retired people in the UK have 5% more cash coming in than those who are still working. A report by the Institute of Fiscal Studies has revealed that generous final salary pensions and protected state pensions have pushed average retirement incomes above those of struggling working families.

So does this mean cash-strapped young people can look forward to a golden future in retirement?%VIRTUAL-SkimlinksPromo%