Britain is facing a ‘tsunami’ of pensioner poverty, says Kendall

Britain is facing a ‘tsunami’ of pensioner poverty, says Kendall

Minister issues warning at launch of commission to overhaul system of saving for retirement

Britain risks a “tsunami of pensioner poverty” over the coming decades unless the system of saving for retirement is overhauled, according to Liz Kendall.

At the launch of a major independent commission on the pensions system, the work and pensions secretary said growing numbers would struggle to make ends meet in old age.

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