One third face drop in retirement standards

One in three have moved from the PLSA ‘moderate’ to ‘minimum’ living standards

Jasmine Urquhart
clock • 3 min read
One third face drop in retirement standards

One in three savers have moved from an expected ‘moderate’ retirement lifestyle to a ‘minimum’ lifestyle, according to analysis by Wealth Wizards.

The financial planning firm analysed data from more than 40,000 users of the Wealth Wizards Pension Guidance Software as a Service (SaaS) platform and found almost one in five pensioners are not on...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Take part in this week's Pensions Buzz

Buzz: Are you getting more complaints regarding falling values of CETVs?

Falling values of CETVs, endgame planning, DC performance, asset investments

Professional Pensions
clock 07 December 2023 • 1 min read
Delfas: This improved funding position of pensions may make businesses more attractive to M&A activity

TPR: We will not prevent M&A transactions

Regulator says it will monitor transactions to protect the interests of savers

Martin Richmond
clock 07 December 2023 • 3 min read
Heart of Medway's Lenham Springs development, near Maidstone

PIC invests further £30m in Medway-based housing association

Pair have long-standing partnership following several previous transactions

Holly Roach
clock 07 December 2023 • 1 min read
Trustpilot