Press release

Prince Charles may have secure pensions future but many have something less savoury in store

Thursday 17 October 2013

Responding to Prince Charle's comments that the retirement industry risks becoming "unfit for purpose", Paul Green, director of communication for Saga comments

"Prince Charles is absolutely right to speak out, and whilst the heir to the throne may have a secure future, many of his potential subjects have something all-together less savoury in store for their retirement.

"We all need to save harder for a pension and our future care needs.  Although healthier people can work longer, the pensions and savings industry together with Government need to step up to the mark and provide good value long-term, flexible and secure savings and equity release solutions.  Long-term sustainability must be at the heart of the nation’s plans for an older society."