One in eight people retiring this year have made no provision for their retirement, including 10% who will either be totally or somewhat reliant on the state pension, according to research from Prudential.
The insurance giant's Class of 2018 study also showed, however, that the number of those retiring without a pension is now 14% lower than in 2017, and nearly half the 23% level recorded in 2008. According...
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After 14-month FAS programme
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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