The Government is not doing enough to help people save for retirement, a survey suggests.
The survey commissioned by investment consultant Hymans Robertson shows that, of more than 2,000 adults interviewed, almost nine out of 10 - 83% - thought the Government could do more to raise awareness of the different ways to save for retirement. Those with household incomes of £150,000 or more are most critical, having been especially hard hit by the recent Budget changes. Seven out of 10 believe they are not saving enough for their retirement, with young people between the ages of 16 and 24 more likely to hold this view (83%) than those aged 55 and above (65%). The city of Shef...
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