Everything you need to make the right decisions
Providing the most comprehensive and up-to-date information and analysis of the Retirement Planning market, and the behaviours, preferences and habits of the consumer.
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What are the key challenges facing the industry? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
Covered in this report
The process of saving and funding retirement is almost unrecognisable from how it was just a decade ago. The shift from DB to DC schemes and pushing up the state pension age has increasingly moved the onus for retirement saving from companies and government to the individual. Pension freedoms have provided unprecedented flexibility in what people can do with their money, helping offset low annuity rates and better reflect the diverse choices people make in retirement.
At the same time auto-enrolment has led to a huge increase in proportion of employees saving into workplace pensions. But there is a risk that the automatic nature of the system will mean fewer people actively engage with their pension. Relying on auto-enrolment can reduce the impetus for people to increase their contributions to an adequate level, while also leaving them unprepared for the complex decisions they have to make later in life.
Expert analysis from a specialist in the field
Written by Thomas Slide, a leading analyst in the Financial Services sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
More people are saving for retirement than ever before, but that doesn’t mean they’re saving enough. A transformation in how we live and work demands a fundamental rethink of how longer-term savings are designed, to ensure they remain relevant and realistic in preparing people for the future, whatever it may bring Thomas Slide
Senior Financial Services Analyst
Table of contents
Table of contents
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