UK adults blame financial crisis for retirement prospects unease

clock

Current economic conditions mean 6% of adults aged 45-65 believe they will never retire, according to research by Standard Life.

In addition, a fifth (21%) of respondents who have retirement plans in place feel these are no longer sustainable for the future. Standard Life's head of pensions policy, John Lawson said: "The current financial crisis has brought into sharp focus the need to make and review appropriate plans." Others who planned still felt positive that they would be secure post retirement, with 16% citing full confidence and almost half (48%) stating they were "reasonably confident". Meanwhile, a further 10% of respondents stated they have never felt confident about their retirement provision. Wo...

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 uncategorised

PA Awards 2027: Entries for all categories now open!

PA Awards 2027: Entries for all categories now open!

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 07 July 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read
Last chance: MPS conference to explore different approaches in shifting landscape

Last chance: MPS conference to explore different approaches in shifting landscape

Takes place in London tomorrow

Professional Adviser
clock 01 June 2026 • 1 min read