Nearly half of people aged over 50 will have to work and save for 11 years beyond state pension age to keep their standard of living, a report has said.
The Pensions Policy Institute said those who were not able to carry on working would be at a big disadvantage.

It suggested pensioners would need at least £​211 a week, or £​303 for a couple, for a minimal acceptable standard of living at pension age.
It found that 85% of over-50s in work had enough pension to reach that level.

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