A refreshed conversation on retirement – the road to a rewarding later life

Recent data released by Pensions UK has found that the minimum retirement living standards for one-person and two-person households have both reduced. While the reductions are primarily attributed to the significant decrease in energy costs, and some small spending adjustments made to the living standard by research participants, these reductions weren't seen across the board. For example, ‘moderate' and ‘comfortable' lifestyles increased slightly in line with inflation. One clear takeaway from this data is that retirement is not a once-and-done process. The needs and costs associated...