Nine million mid-life employees 'sleep-walking' into retirement
Nearly nine million employees aged 45 and over are "sleep-walking" into retirement, unaware of how much they need to save, according to research from Aviva.
The report - which questioned more than 2,000 employees and scaled the results up to the UK population - revealed 64% did not know how much is needed to retire comfortably while 37% did not know how much...
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The number of defined benefit (DB) schemes employing a sole trustee model is expected to double over the next five years, according to an Aon poll of the sector.
