Tag Archive 'pensioners'

UK Pensioners in £57 billion of debt

13th August 2007

UK pensioners owe £57 billion on mortgages, credit cards and loans, a study from Scottish Widows claims. Research from the financial group found that almost a third of those over the age of 65 are £5,900 in debt on average. Ian Naismith, head of Scottish Widows pensions market development, said: “By the time they come [...]

 

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