Understanding the underpensioned

According to Age UK, 2.1 million pensioners in the UK are living in poverty. Ethnic minorities in particular are facing a retirement fraught with financial hardship: 33% of Asian or Asian British pensioners and 30% of Black or Black British pensioners are living in poverty, compared with only 16% of their white equivalents. Automatic enrolment is helping to narrow the gap for certain groups, but many more are still falling through the cracks


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