Retirement confidence comes from regular saving, research shows

Pension saving 'is good for you'

Jenna Towler
clock

Committing to regular active saving towards retirement is a significant factor in levels of confidence about the future, research from Axa Life Invest has shown.

The firm's Retirement Confidence Index 2015 said the wealthiest people in the UK are not necessarily the most confident in their future retirement. It said actively saving for retirement generates confidence and creates a positive psychological impact. The level of saving is not a factor in confidence levels, it added. Axa Life Invest said the research suggested "saving is good for you". The index identifies the most confident UK adults who are approaching retirement age, based on a series of financial and non-traditional metrics proven to influence retirement confidence. It is...

To continue reading this article...

Join Professional Adviser for free

  • 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 Pensions

One year on: Abolished lifetime allowance still throwing up advice queries

One year on: Abolished lifetime allowance still throwing up advice queries

Scheme-specific lump sum queries

Andrew Tully
clock 24 April 2025 • 4 min read
Government to set up small pensions pot consolidator

Government to set up small pensions pot consolidator

Pension Schemes Bill measure will reduce admin costs and boost pots

Jonathan Stapleton
clock 24 April 2025 • 3 min read
Pension engagement only way to cut 'retirement anxiety'

Pension engagement only way to cut 'retirement anxiety'

Verona Kenny says industry has ‘moral duty’ to push engagement

Jenna Brown
clock 23 April 2025 • 3 min read