Young people 'confused by pensions'

Press Association
piggy bank
piggy bank

Peter Byrne/PA Wire/Press Association Images

Millions of young Britons are more likely to understand a foreign language than pensions jargon, a study has suggested.

An average of nearly one in four 20 to 29-year-olds (23.3%) understood the exact meaning of simple French, German and Spanish phrases.

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