The UK's 12-year retirement savings shortfall is the biggest out of 15 countries.
The average retirement savings gap for the UK is eight years, two thirds more than other countries.
The UK's 12-year retirement savings shortfall was the biggest chasm in the study, which covered 15 countries. The average retirement savings gap found across the research was two-thirds of that in the UK, at eight years.
People are living longer, through tougher economic times, but their expectations about their standard of living in retirement remain unchanged.
They are putting off the inevitable, which is the reality of significant cuts to their living standards in their twilight years, after their savings run out.
More top news
Frightened passengers kicked out windows in a desperate attempt to escape from a moving train as it filled with smoke.
A Northamptonshire teenager is vlogging about her fight against a rare form of soft tissue cancer to inspire others about her journey.
The mother of a boy who is in a critical condition in hospital after he was stabbed in a street attack has issued an emotional appeal.