A growing proportion of people are not using a pension to save for their retirement, but are instead planning to downsize to a smaller property and use the cash to buy an income, suggests research by Royal London.
However, the provider said this could be very risky as its study also suggested this retirement strategy could cut a retiree's income by half. The study shows that, looking across the UK as a whole,...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till