Pensions for the hashtag generation

From the blog: The ‘millennial’ generation – broadly defined as the cohort born between 1980 and the late 1990s – is now the largest working-age demographic in the UK, and will represent some 75 per cent of the global workforce by 2025.

This generation has faced financial pressures in several areas. The income of the average 22-30-year-old remains 8 per cent lower than it was in 2008, according to the Institute for Fiscal Studies.

Furthermore, many millennials may need decades to pay off their student debt, not to mention soaring house prices, which have led to them being labelled ‘generation rent’.

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