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This 464-word blog post reports on findings from research by the insurer, Scottish Widows, that suggests that those workers in the shutdown sectors of the British economy could spend the rest of their lives playing catch-up with their retirement savings.
Written on 6 July 2020.
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When it comes to retirement planning, there was already a mixed picture before the onset of the Covid-19 pandemic.
Some of us were saving well for later life, but many others failed to save a sufficient amount or anything at all.
Now, new research suggests that those workers in the shutdown sectors of the British economy could spend the rest of their lives playing catch-up with their retirement savings.
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