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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

Debt risk as half of UK adults `have no pension`

29/05/2009

Around half of UK adults aged 20-60 are failing to put money into a pension, according to a new survey commissioned by the BBC, potentially putting them at risk of debt problems in later life.

The study indicated that the under-30s are in the worst situation, with only 36% of this group putting money aside for their retirement.

Many of the young respondents to the survey reported that debt repayments were preventing them from saving for the future.

Meanwhile, 45% of 41-to-60-year-olds are also not paying into a pension fund.

A spokesperson for Debt Advisers Direct said: "Not paying into a pension fund could have serious financial consequences in later life. If someone`s debts are keeping them from doing so, it`s important they repay those debts as quickly as possible so that they can start preparing for the future."

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Debt Advisers Direct offer free debt advice and a range of debt solutions, including debt management plans, debt consolidation loans and IVAs (Individual Voluntary Arrangements).

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according