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Mortgage debt and regional inequality put millions of pensioners at risk - Credit Connect
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Mortgage debt and regional inequality put millions of pensioners at risk - Credit Connect
New research from SunLife has reveals that seven in ten (73%) over 50s have private pensions, rising to 75% in the South West, 76% in the South East and 83% in Northern Ireland, in the North West 30% of over 50s have no private pension savings at all. Average incomes in the region are also lower at less than £25,000. London also stands out for its financial vulnerability with just 55% of over 50s in the capital own ingtheir homes — the lowest ra…
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