Buzz People

'Pension mountain' needed by older tenants

Tenants who will still be paying rent when they retire will need a pension pot of up to £445,000 to avoid falling living standards, research suggests.
The calculations come from analysis by pension provider Royal London which said savers needed a "pension mountain" for older age.
It comes after the BBC reported concerns among the growing number of middle-age private tenants in the UK.
Many said they faced the prospect of working longer to pay their rent.

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