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Britain's pre-retirees as lost as American counterparts

Despite state-level plans, a majority of British pre-retirees remain clueless on their retirement benefits and their life expectancies.

By Andy Stonehouse | Updated on November 30, 2012

While Britain’s retirees have long been comforted by state pension “schemes” (as they’re known across the pond), in reality, current British workers face many of the same uncertainties as their American working counterparts.

A survey by the U.K.-based National Association of Pension funds indicates that most workers 15 or less years from retirement age really need to boost their retirement benefits by as much as 80 percent if they plan to live a comfortable and increasingly long retirement.

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