Retirement

Only 25% of 2,000 adults think the government has done a good job

This is a 14.3% fall from £1,092 received in 2020/21

Rate rises mean people can secure a higher retirement income

Positives from pooling of skills, resources, and exceptional talent

Figure drops to less than a third for single pensioners

Single pensioners face ‘uphill hike’ compared to couples

When compared to annuity and drawdown options

Extensive changes need to be in place by April 2024

Reducing sequencing risk is part of the attraction

A critical part of death benefits planning