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Being out of work can set young people back before they’ve even started saving

Summary by Wealth DFM
Pete Glancy, Head of Pensions Policy at Scottish Widows, has commented on the link between worklessness and pension poverty, in response to Alan Milburn’s report into young people and work. Being out of work can set young people back before they’ve even started saving. More than 40% of 22 to 29-year-olds are already at risk of pension poverty, more than any other age group. If those three million can’t get on the career ladder early, they won’t …
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Wealth DFM broke the news on Sunday, May 31, 2026.
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