Displaying items by tag: retirement planning
Advised clients better prepared for later life
Non-advised adults are nearly twice as concerned about having enough money to live on in later life (42%) than their peers who have taken financial advice (23%), according to new research.
Rising care costs push retirement pot need to £470,000
Retirees wanting a comfortable retirement and enough money to pay for later life care need to build up around £470,000 in retirement wealth due to the cost of living crisis, according to a new report.
3 in 5 over-55s considering 'working' in retirement
Almost a third of people aged over 55 are changing their retirement plans due to the current cost of living crisis, according to new research.
Retirement Planning becoming a family affair - report
Two thirds of Britons have shared their goals for a good retirement with their family, according to a new report.
1 in 3 savers worry about lost pensions
Nearly one in three pension savers (28%) are worried about keeping track of their retirement savings, according to a new report.
HNW savers underestimate pension funding by £300,000
High net worth (HNW) savers are underestimating the amount of money they need to save for a comfortable retirement by around £300,000, according to a new report.
Tenth of UK savers hold 64% of pension wealth
Just a tenth of the population holds 64% of total pension wealth in the UK, according to the latest figures from the Office for National Statistics.
1 in 10 Planners see clients postpone retirement
Over one in ten (12%) of financial Planners have seen clients postpone retirement due to the cost of living crisis.
Clients putting aside more for care costs say Planners
Clients are increasingly including the cost of care in their discussions with their adviser, allocating around £60,000 per year for later life care, according to Financial Planners.
Rise in advisers bringing ESG into retirement planning
Four in ten (43%) financial advisers consider sustainable investments when building retirement portfolios, according to new research.