HSBC survey "little relevance for British women" - Addidi Wealth

clock

Addidi Wealth's Anna Sofat has described the findings of HSBC's latest retirement report as having "little relevance for British women."

The Future of Retirement series, reported only a quarter of UK women take sole responsibility for making decisions about their own retirement, with one in ten leaving it entirely to their partner. She said: "The HSBC press release on British women and retirement is misleading. In our experience, British women take their financial security very seriously. They may put household budgets and the interests of their children and families first, but this is to be expected; you would not expect women to sacrifice their family's wellbeing today for a retirement fund! She believes other resear...

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 Income

'A hard act to beat': Annuity pricing and value for money

'A hard act to beat': Annuity pricing and value for money

‘People cannot have their cake and eat it (although they try)’

William Burrows
clock 04 November 2025 • 5 min read
L&G forecasts annual annuity volumes to more than double to £20bn by 2034

L&G forecasts annual annuity volumes to more than double to £20bn by 2034

To launch blended annuity drawdown product next year

Jenna Brown
clock 23 October 2025 • 4 min read
Number of retirees 'shopping around' for annuities reaches record high

Number of retirees 'shopping around' for annuities reaches record high

Two-thirds of annuities were finalised after customers shopped around for best rates

Jasmine Urquhart
clock 16 October 2025 • 2 min read