Elderly Live On Less Than Gbp60 After Paying Bills Retirement: Survey Reveals Hardships

Sunday HeraldJune 29, 2006

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Summary


MORE than 16per cent of pensioners in Scotland live on barely GBP60 a week after paying for their council tax, water and electricity bills, according to new research. A third receive less than GBP10,000 a year before tax.

These are the findings of a survey by the insurer Prudential as part of its longrunning Retirement Index. The survey found that up to 1.4 million pensioners across the UK receive less than GBP5000 a year before taxes and utility bills.

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Elderly Live On Less Than Gbp60 After Paying Bills Retirement: Survey Reveals Hardships

Almost 60per cent ...

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