The majority of UK savers who have thought about planning their retirement have done so "in their heads", shunning any formal planning or financial advice, according to an annual retirement survey by Franklin Templeton.
The research found about 72% of the UK public had formed some idea of how they would retire but of those 70% had not written down a formal retirement plan - advised or non-advised. The trend also affected...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected