UK adults blame financial crisis for retirement prospects unease

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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...

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