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

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pensions policy 'needs to change', industry says

Pensions policy 'needs to change', industry says

PP poll respondents argue there are ‘many pitfalls’ to overcome in the sector

Holly Roach
clock 06 December 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

PPF Purple Book, MNRPF longevity swap, TPR updates DB covenant guidance

Professional Pensions
clock 06 December 2024 • 1 min read
PPF Purple Book highlights DB funding improvements, but warns 'risks remain'

PPF Purple Book highlights DB funding improvements, but warns 'risks remain'

19th edition of PPF’s Purple Book shows funding improvements across the DB landscape

Holly Roach
clock 05 December 2024 • 4 min read
Trustpilot