The launch of Sun Life Financial of Canada's Unretirement Index has shown a distinct lack of confidence in the UK's retirement provision. Mark Stopard looks at why this is the case
Without doubt, the concept of retirement has altered irrevocably. Alongside industry changes, such as the move from defined benefit to defined contribution, peoples’ views have also drastically shifted over the last few years, with factors such as interest rates, the recession and wellbeing all playing a part. To better understand this changing landscape, Sun Life Financial of Canada created the Unretirement™ Index, which tracks over 6,000 workers’ attitudes and expectations on retirement across Canada, USA and Asia. It was first launched in North America during 2008 and is already well ...
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