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May 20, 2014

New Survey says we are 'in the dark'

A recent survey has said that more than 2/3 of Britain's professionals are in the dark about how much their pensions will provide for them upon retirement.

In a survey lead by the Weslyan Assurance Society, it also said that just over 1/4 are relying solely on a pension when they graduate from having to work (retire), with more than 1/2 planning to use property as a supplement to their lifestyle funding (pension).

Over 60% were worried they would not have enough, whilst only 1/4 were planning to retire early.

Over 1/4 admitted that they will have to work beyond retirement age.

And, most alarmingly of all, almost half of those surveyed review their graduation planning less than once a year.....