Retirees can expect to see their income drop by 66% when they leave the workplace, according to research from LV.
More than 1 in 10 UK adults do not see the value of saving money for the future, according to a survey by thinkmoney.
One in seven (14 per cent) people planning to retire this year do not have a personal pension, according to research by Prudential.
Business investment in 'intangible' assets, such as intellectual property, increased by more than 10 per cent to £137.5 billion from 2009 to 2011, according to Government figures.
The first stage of the pension reforms announced in the 2014 Budget has come into effect.
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