Just eight in 100 people in their 50s and early 60s have had a call with a free pensions advice service or spoken to a financial adviser, according to a new report.
The report, carried out by Invesco, Nest Insight and Maslansky + Partners, looks at how language and framing can support engagement in retirement saving for UK pension savers. The report, , also found that fewer than one in five people have used an online calculator to work out what income they can get in retirement. It identified a range of barriers and complexities that can get in the way of 50-60-year-olds preparing for retirement, including affordability of putting more into their pension pot and/or retiring, being overwhelmed by the options and things to consider, not knowing wha...
To continue reading this article...
Join Professional Adviser
Signup and gain exclusive members-only insights
- 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.
