Retirees to outlive savings by 10 years
Savers need long-term mindset, report says.
1 in 3 retirees miss out on pension advice
Lack of advice could lead to ‘dangerous decisions’, ABI warns.
Savers withdraw £25.62bn through pension freedoms
Increasing flexible withdrawals ‘could cause inheritance tax problems’.
Quarter of women over 55 have no private pension
One in five are “worse off than they expected to be”.
70% of small firm employees save into workplace pensions
Participation rates still fall behind medium and large businesses.