Retirement

Mike Morrison takes a look at the retirement landscape and asks how has it really changed over recent years?

Millions of people are postponing retirement and plan to keep working for an additional six years as their pension savings are too low, according to LV=.

Advisers fear weak interest rates and turbulent markets will hit people's defined contribution (DC) pension funds, Aegon research has revealed.

RETIREMENT

Advisers believe uncertainty over future pricing will make it difficult to advise women on lifetime annuities before the EU gender directive on 21 December, Primetime Retirement has found.

FIVE THINGS

A potential gap looms between employee and employer expectations of when workers will retire, an Aegon report has warned.

A fifth of people approaching retirement will suffer large income falls and should expect to have to rely on savings and inheritances when they stop working, a report has found.

The gap between the amount men and women are saving for retirement could grow to a ‘record high' of almost £30,000, according to Scottish Widows.

RETIREMENT