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Third of people earning £10,000 to £20,000 ‘have seen finances decline’ July 7 2021, 12.02am Nearly a third of people earning between £10,000 and £20,000 per year have reported a decline in their finances during the coronavirus pandemic, according to Scottish Widows (Dominic Lipinski/PA) Nearly a third (31%) of people earning between £10,000 and £20,000 per year have reported a decline in their finances during the coronavirus pandemic, according to research from a pensions provider. Scottish Widows is calling for reforms to entitle those on low incomes to continue receiving workplace pension contributions from their employer – even if they are unable to make employee contributions themselves during periods of financial hardship.

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