Most retirees will struggle to resist urge to splurge pot - survey

A study from Aviva found 61% of people think savers will need to practice more restraint in future, although 52% said they could be trusted to spend their pensions wisely in retirement. The survey of 1,500 Britons found 22% of respondents expected their retirement income to run out before the end of their lives, and 42% thought it would last while they were active. While 28% of people felt confident about making the right decisions for their retirement, 41% said they would need more help and 30% admitted they lacked understanding. Aviva managing director for retirement solutions Cl...