Pensioner incomes 'outstrip those of working families'

[ifonlyalabama]

www.bbc.co.uk/news/business-38948369

'Typical pensioner incomes after housing costs now outstrip those of working-age people, a new report suggests.

The Resolution Foundation also says pensioners are more likely than their predecessors to be working, own a home and have generous private pensions.

The think tank says growth in pensioner incomes has been coupled with weak income growth for working-age people.

Pensioner households are now £20 a week better off than working age households, but were £70 a week worse off in 2001.Typical pensioner incomes after housing costs now outstrip those of working-age people, a new report suggests.' (continues)