False confidence over pension products
Most retirees misunderstand annuity and drawdown features.
Most Brits face working into mid-60s
1 in 5 resigned to working later out of necessity.
Most retirees do not shop around for pension products
A third of drawdown sales since 2015 were non-advised.
Young savers ‘more open to ethical pension options’
Half of millennial investors would like to be offered fossil-free investments as standard, compared to 34% of those over the age of 55.