{"id":6588,"date":"2016-03-02T23:40:02","date_gmt":"2016-03-02T16:40:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/workers-need-to-put-15-of-income-into-pension-report-says\/"},"modified":"2016-03-02T23:51:42","modified_gmt":"2016-03-02T16:51:42","slug":"workers-need-to-put-15-of-income-into-pension-report-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/workers-need-to-put-15-of-income-into-pension-report-says\/","title":{"rendered":"Workers need to put 15% of income into pension, report says"},"content":{"rendered":"


\nSaving more than three times the present average is necessary to have enough cash in retirement, review for Labour party findsWorkers need to put 15% of their earnings into a pension pot, according to a review for the Labour party, which has warned about a return to working until you drop.The report, following a two-year study, said a national retirement savings target of 15% of lifetime earnings, more than three times the current typical amount, should be adopted \u201cto avoid future pensioner poverty\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Workers need to put 15% of income into pension, report says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Saving more than three times the present average is necessary to have enough cash in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-6588","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1Ig","jetpack-related-posts":[{"id":6436,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retirement-inequalities-to-persist-despite-pension-reforms\/","url_meta":{"origin":6588,"position":0},"title":"Retirement inequalities to persist despite pension reforms","date":"March 1, 2016","format":false,"excerpt":"\r Changes to state and private pension have seen improvements for women, disabled people and ethnic minorities, but an ongoing lack of opportunities in the labout market means they will still retire on less Women, disabled people and those from ethnic minority groups will continue to be worse off in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9222,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/letters-tories-flat-rate-pension-plan-will-end-in-tiers\/","url_meta":{"origin":6588,"position":1},"title":"Letters: Tories' flat-rate pension plan will end in tiers","date":"January 21, 2013","format":false,"excerpt":"\r Before we all get carried away and congratulate Iain Duncan Smith and the Tories for their magnanimity (flat-rate pension of \u00a3144 per week from 2017) in introducing an increased state pension, let's not forget that \u00a3144 is only \u00a31.30 more that than the current (2013) means-tested pension of \u00a3142\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-will-put-75-of-workers-at-risk-of-pension-shortfall\/","url_meta":{"origin":6588,"position":2},"title":"Brexit will put 75% of workers at risk of pension shortfall","date":"August 28, 2016","format":false,"excerpt":"\r People will have to save more for pensions to have income they were on course for before Britain voted out, say City expertsThe Brexit vote is having \u201cterrifying\u201d effects on the pension schemes of millions of British workers, with 75% of people now expected to have a retirement income\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oecd-uk-has-lowest-state-pension-of-any-developed-country\/","url_meta":{"origin":6588,"position":3},"title":"OECD: UK has lowest state pension of any developed country","date":"December 6, 2017","format":false,"excerpt":"\r British workers receive just 29% of their previous earnings, although private pensions bring figure up to near averageBritain\u2019s workers can look forward to the worst state pension of any major country, according to a report by the developed world\u2019s leading economic thinktank.The Organisation for Economic Cooperation and Development (OECD)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/self-employed-face-retirement-poverty-without-pension-reform\/","url_meta":{"origin":6588,"position":4},"title":"Self-employed face retirement poverty without pension reform","date":"November 19, 2016","format":false,"excerpt":"\r Experts say the government needs to act to let gig economy workers benefit from flagship auto-enrolment pension schemesWorkers in the burgeoning gig economy face poverty in retirement unless the government acts to change its flagship pension policy and makes it easier for them to save, experts have warned.The pensions\u2026","rel":"","context":"In "Property 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