Brit pension savings hit record low

Adrian Holliday

One in five Britons aged between 30 and retirement are not saving for retirement. A Scottish Widows survey claims 22% of 5,200 people surveyed are failing to save anything at all for a pension.

And many who are saving have an unrealistic idea of how much their pension will ultimately deliver. Why, then, are so many Brits failing to save for the future?