Record number of workers unsure about retirement plans

One in seven workers has no idea when they will be able to retire, according to research from Barings Asset Management.

Some 40% of non-retired people surveyed - the equivalent of 14.7 million people - said they did not know when they would be able to stop working, up from 38% in 2012 and 36% in 2011. Worryingly, despite...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

"If the Bank of England chooses to raise interest rates this could give annuities a much-needed further boost towards the end of the year," said Helen Morrisey, senior pension and retirement analyst at Hargreave Lansdown.

Annuities could get boost from interest rate rise - Hargreaves

Annuity rates hit two-year high

clock 03 November 2021 • 2 min read
Quilter said that the doctors had a collective total of £44,379,919, which could have been protected under IP16

Quilter FOI reveals hundreds of doctors overpaid £11m in pension tax

Could have benefited from IP16

clock 01 November 2021 • 2 min read
The FOS directed TenetConnect to pay the client compensation for her overall loss.

TenetConnect to compensate client despite belief it did not offer advice

'Client had no pensions expertise’

clock 01 November 2021 • 3 min read