Men more optimistic about retirement standard of living - Canada Life

12% of men vs 6% of women

clock • 3 min read
Men more optimistic about retirement standard of living - Canada Life
Image:

Men more optimistic about retirement standard of living - Canada Life

Twice as many men than women are optimistic their standard of living will improve in retirement (12% vs 6%), with more women saying they feared living standards would fall compared to men (38% of women vs 34% for men), recent research from Canada Life revealed.

Some 506 UK adults aged 55+ with a defined contribution pension, who are not yet taking an income and plan to buy an annuity were surveyed by Opinium in October 2021. When asked about living...

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.
  • 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 Retirement income

Industry Voice: IGP and the power of 3

Industry Voice: IGP and the power of 3

M&G Wealth
clock 20 July 2022 • 8 min read
Scottish Widow's annual survey showed that four out of five adults (81%) were worried about making ends meet in the current cost of living climate, with three-quarters (76%) saying they needed to take action to cope with the financial pressures

Pension savers risk retiring with £15k less due to cost of living crisis - Scottish Widows

'Explore creative retirement solutions'

clock 29 June 2022 • 4 min read
Industry Voice: Talking 'bout my generation

Industry Voice: Talking 'bout my generation

Catriona McInally – M&G Wealth Business Development Manager
clock 13 June 2022 • 6 min read