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UK pensioners' income growth outstrips wage rises, figures suggest


Median disposable income of retired households increased by 1.4%, according to ONSBritain’s pensioners enjoyed a faster rate of growth in their disposable incomes last year than working-age adults after guaranteed state pension increases outstripped wage rises, according to official estimates.The median disposable income for retired households increased by £300 (1.4%) after benefits, taxes and inflation were taken into account, in the year to April, while non-retired households experienced a 0.6% rise over the same period. Continue reading…

Source : theguardian.com
Read more…UK pensioners’ income growth outstrips wage rises, figures suggest

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