Pensioner household incomes have overtaken those of working age equivalents for the first time, a new study found. Elderly spending power has been boosted by a new wave of pensioners who tend to still be in work, own a home and receive generous pension pots, analysis by the Resolution Foundation for the Intergenerational Commission shows. The As Time Goes By study, which charts income changes across different generations during the past half century, states low growth for working age households has coincided with a surge in pensioner wealth.
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onto In the news: data in the UK Data Service collection across the web February 16, 2017 9:59 AM
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