UK drops below Slovenia in retirement security rankings

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The UK has slipped four places to 22 in a global survey looking at the countries with the best and worst retirement security.

Switzerland was named the top performer in the Natixis Global Asset Management CoreData Global Retirement Index (GRI), followed by Norway, Australia and Iceland. Although the UK has experienced a decent rate of economic growth and improved employment data, above-average government debt and negative real interest rates pushed it down the rankings. Placed just below Slovenia and Qatar, the UK performed slightly better than Israel, Malta and Kuwait. Although Britain scored well in terms of health (79%) and quality of life (82%), it ranked poorly on finances in retirement (53%), which ...

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