Retired baby boomers not hoarding wealth says TUC

Michael Klimes
clock

Pensioners have not been squirreling away the wealth of the United Kingdom at the expense of young people's prospects according to research from the Trades Union Congress (TUC).

In pamphlet called Young against old? What's really causing wealth inequality? The TUC said a number of misconceptions had developed in discussions about intergenerational inequality. These incl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Pensions dim on US private equity

News Digest: Pensions dim on US private equity

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 15 April 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Dalriada launches DC tool for AVCs, Clara to switch up to 35% of assets into private markets, and a Hymans Robertson report

Professional Pensions
clock 11 April 2025 • 1 min read
Challenges remain as UK economy beats growth expectations in February

Challenges remain as UK economy beats growth expectations in February

UK economic outlook still 'downbeat'

Sorin Dojan
clock 11 April 2025 • 2 min read
Trustpilot