The number of people saving adequately for retirement is the highest it has been since 2009 – standing at 53% - Scottish Widows has said.
Pension providers are not trusted to offer impartial guidance on retirement options, according to a new Which? survey.
A new directory of regulated financial advisers who specialise in retirement guidance is to be set up to help consumers looking for help as they get ready for life after work.
The Office for National Statistics has projected that the number of people aged 65 and over will increase in all regions by an average of 22% between mid-2012 and mid-2022.
The retirement gap for the average retiree is nearly £6,000 per year, new research has shown.
Aviva has remodelled its income drawdown solution and says this will help customers by giving them greater choice and more flexibility in how they take their retirement income.
Nearly half of open market pension to annuity transfers were under £20,000 last year, research indicates.
Over a third of British consumers (37%) say they'll never save or invest for their retirement – compared to just 22 percent of people globally, according to a new study by Nielsen.
A quarter of people planning to retire this year are not ready to stop work, research indicates.
The rising cost of living has added the equivalent of an extra month of bills per year for people close to retirement, research has shown.
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