UK: Young 'to be Poorer than Parents at Every Stage of Life'

BBC News
Nov. 24, 2015

Young people are on track to be poorer than their parents at every stage of their lives, according to a new report.

The study, by the Institute for Fiscal Studies (IFS), added that households actually grew richer during the financial crisis.

But it said that the reason for the growth between 2006-12 was the increase in pension values over the period.

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