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

Want to read on?

Signup with Raconteur

Simply sign in or register to continue.
Registration is free and takes seconds.