Displaying items by tag: retirement planning
Thousands risk pension poverty after divorce
One in five (19%) of divorcees will be significantly financially worse off in retirement because of a divorce, according to a new report.
3 in 4 have done no planning for retirement
Three quarters (73%) of UK adults have done little or no planning for their retirement finances, according to a new report.
Three quarters of Britons risk pension beneficiary delays
Almost three quarters (72%) of UK adults have never completed an expression of wish form for their pension.
Entrepreneurs choosing property over pensions
Entrepreneurs are more likely to choose to invest in property rather than a pension, according to new research.
Spring Statement ignores the elderly – Altmann
The Spring Statement ignores the needs of the elderly and will lead to a rise in pensioner poverty, according to Baroness Ros Altmann.
IHT planning and pensions driving ‘Boomer’ advice demand
Inheritance tax planning is a major driver for 58 to 75 year olds seeking regulated financial advice.
Half retirees face money worries but only 22% seek advice
Despite almost half (48%) of retirees worried about running out of money in retirement, three quarters (78%) have not sought professional financial advice, according to new research.
Just 4 in 10 on track for retirement
Just four in ten retirement savers are on track to achieve the moderate level of income highlighted by the PLSA retirement income standards, according to a new report.
9 in 10 HNW clients underestimate retirement funding
Over 9 in 10 (92%) high-net-worth consumers underestimate how much money they need for a comfortable retirement, according to new research.
Quarter of 2021 retirees quitting jobs earlier than planned
Almost a quarter (24%) of those retiring this year are quitting work earlier than intended due to the impact of the Coronavirus pandemic, according to a new report.