Displaying items by tag: retirement
Annuity sales climb by 22% to 8-year high
Sales of annuities surged more than a fifth during the first three months of the year to reach their highest level for eight years.
10% of over-60s planning to push back retirement
Nearly one in 10 (9%) over-60s say they are planning to delay their retirement indefinitely due to the cost of living crisis, according to a new study.
7IM launches Retirement Income Solution
Discretionary fund manager 7IM has launched what it describes as a “pioneering” Retirement Income Solution (RIS) on its platform.
Millions of over-55s expect to work past 70
More than one in four over-55s (26%) believe they will still be working past 70 due to the cost of living crisis, according to a new survey.
Nearly 9 in 10 early retirees mulling return to work
Almost nine in ten (86%) early retirees between 50 and 54 would consider a return to work as the cost-of-living crisis continues to hit their finances.
1 in 5 delay retirement date
Over one in five (21%) of over-40s have already pushed back their planned retirement date due to the cost-of-living crisis, according to new research.
A good retirement is among top 3 life goals
The top 10 life and financial goals of Britons have been revealed, with 97% of people saying it is important to set key goals in life.
Over half of retirement plans changed by pandemic
Over half (54%) of UK adults have had their plans to retire affected by the Coronavirus pandemic, according to new research.
20-40 year-olds want to retire at 59
A typical young adult aged 20-40 wants to retire at 59 with an annual retirement income of £26,000, according to new research.
Embark platform arm to add 50 staff in Dundee
Retirement and platform provider Embark is to hire more than 50 people in Dundee over the next few months to boost its platform operations in the city.