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Public has no faith in Govt tackling pensioner poverty

The majority of Britons have no confidence in the Government&#39s ability to tackle pensioner poverty, according to a survey from Age Concern released as part of its new lobbying campaign.

The campaign, Fair Pensions For All, is aimed at highlighting the realities experienced by today&#39s pensioners and the threat of poverty that people of working age face in the future.

Only 21 per cent are satisfied with the Government&#39s pension policy, with six out of 10 dissatisfied.

Nearly seven out of 10 people have little or no confidence about their income in retirement.

Half the population is not saving anything for retirement, with young people in particular facing a difficult retirement because many of them cannot afford to save. Twenty per cent of people aged 35 to 44 have not considered paying into a pension.

Age Concern says the survey underlines public uncertainty about their retirement and provides a stark warning that the Government is facing a crisis over its pension strategy.

More than half believe the state pension should be enough to provide a disposable income despite the fact that Government policy is moving away from state provision.

Age Concern is calling on the Government to carry out a review of pensioner needs as part of a basis for policy reform.

Age Concern England dir-ector-general Gordon Lishman says: “One in five pensioners already live in absolute poverty. We cannot allow, as an ageing society, to see future generations of pensioners pushed below the breadline but we are at risk of doing just that unless we act in time.”



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