One in four risk falling into poverty in old age as they miss pension targets

Today (Monday, September 15) marks Pension Awareness Day, with millions of UK households being reminded to review their retirement savings.

New research from Scottish Widows has revealed that one in four people are risking falling into poverty in old age, as they're missing their pension targets.

Indeed, more than half of adults have done little or nothing to investigate how much they need to save for later life.

Robert Cochran, a retirement expert at Scottish Widows, said: "Retirement planning is much more than simply putting money away for the future.

"Tracing old pensions, setting up additional investments to support retirement funds, and thinking about how and where you want to spend your twilight years are all important aspects that can't be overlooked."

More than one in four hav