Third of UK retirees need 'more support' before making decisions       

Advisers have the toughest role to play in retirement planning, experts say

Julia Bahr
clock • 2 min read

One in three (32%) UK retirees would make different financial decisions about their retirement pots if they had the chance to start the process again, according to recent research from 7IM.

One of the research's stand-out findings came in response to the question: ‘If you were to go through retirement again, would you make the same decisions or take a different approach to your retirement income planning?', 7IM said. The survey of 505 fully or semi-retired UK adults aged 55 and over was conducted by Cicero/Amo earlier this year to gain a clearer understanding of the issues impacting the at- and in-retirement market in the UK. It showed that 30% would ensure they had greater guarantees on their income and that 20% would take less from their savings in cash up-front. The r...

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