Pensions map flat and featureless

clock

People in the Southeast and women in particular will find retirement a struggle, according to the results of research published by JP Morgan INVEST.

The financial education provider’s “Pensions Map” of the UK suggests there is a two-thirds chance of poor pensions prospects in the Southeast of the UK, while three-quarters of all women in all regions face tough times. The line between comfort and hardship has been defined by the map makers as being a pension of 40% or less of final salary weighed against the basic cost of living (as determined by the Expenditure and Food Survey published by the Office for National Statistics and the Department for the Environment, Food and Rural Affairs) Betweeen 59% of all workers in the Northeast an...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read