Over-50s prefer certainty to flexibility post-Brexit - Retirement Advantage

Age group also increasingly comfortable with online financial planning

Victoria McKeever
clock • 2 min read

Over-50s increasingly prioritise certainty of retirement income ahead of flexibility, following the EU referendum vote, research by pension planning specialist Retirement Advantage has found.

The study identified almost half (46%) of those surveyed prioritising certainty, up three percentage points following the Brexit result, compared withan equal decline down to 31% from those looking for flexibility. Instant access (14%) and income growth (9%) continued also to rank lower for retirement income priorities post-Brexit. Retirement Advantage pensions technical director Andrew Tully said: "The over-50s clearly want to take advantage of the pension reforms. Following the vote to leave the EU, however, we find they are prioritising safety amid turbulence in the wider economic and...

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