New research from Age Scotland has revealed a substantial increase in the number of older people facing financial hardship.
Age Scotland
YouGov polling for Age Scotland has revealed that 57% of Scottish adults are uncertain that they would have enough money in retirement. At the same time, 35% of respondents felt certain, and 9% didn’t know.
Age Scotland, the national charity for older people, has warned that the latest Clydesdale Bank and Virgin Money closures risk creating banking deserts across Scotland. Virgin Money recently announced that it would close 22 Clydesdale Bank, Yorkshire Bank and Virgin Money branches across the UK this
Calls to raise the state pension age to 75 will prevent many Scottish people from being able to retire, Age Scotland has warned.