Advisers probably won't be surprised to hear that people are far more likely to consider insuring their pets and mobile phones than their retirement income. This was one of the findings of AEGON's recent consumer research.
When times are good and equity markets are performing well we tend not to pay close enough attention to our attitude to investment risk. However, we all know the stockmarket volatility of the past couple of years has had serious impact on many people’s pension funds and their ability to provide a secure income stream from their investments. Against this background we wanted to test people’s attitude to insuring retirement income and controlling investment risk. We asked just over 1,400 people what their concerns were when thinking about retirement and what their views on insurance are. T...
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