Are you saving enough for a comfortable retirement?

Georgie Frost· Host0:00

[upbeat music] Welcome to This Is Money podcast, sponsored by Trading 212. Download the Trading 212 app and open a Cash ISA with promo code TIM to get the 12-month bonus promo rate of 4.62%. Terms apply. I'm Georgie Frost, and joining me and Simon Lambert today is Helen Crane. And coming up, the scale of Britain's pension saving shortfall has been laid bare in a major new government report. Are you saving enough for a comfortable future? Also today, why lifestyle pension funds could be leaving millions worse off at retirement. We explore mansion taxes and wealth taxes, Nationwide Fairer Share, a winning formula, and should we cap food prices? Don't forget, you can stay up to date with all the latest breaking money news. Just go to thisismoney.co.uk or download the app. But first, a major new government-backed review into whether the pension system is fit for the future has found millions of people risk financial hardship in retirement. The first half of the report that's come out this week outlines the scale of the problem. The recommendations will come next year. Now, it found roughly half of working age adults aren't saving into a pension at all, and among those who are, many are only saving at very low levels. Who is most at risk? Low and middle earners, the self-employed, and women. So goodness me, I am totally stuffed. Uh, Simon, tell me about the Pensions Commission.

Simon Lambert· Host1:27

Well, the entire report