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More than three-fourths of U.S. gig workers expect to rely on their own savings for the bulk of their retirement income, while three in 10 say they never will retire.

“The situation with American freelance workers is a call to action for the financial services industry,” said Sir Nigel Wilson, CEO of Legal & General Group. “By harnessing financial technology, we should be able to do a better job of delivering a user-friendly suite of products and services that make it easy for gig workers to put a retirement plan in place. The tools and intelligence are there — this is more a problem of communication than innovation.”

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