Upcoming retirees at risk of poor outcomes without advice, report says

BNY Mellon finds pre-retirees will find it ‘increasingly difficult’ to plan without advice

Jasmine Urquhart
clock • 4 min read
BNY Mellon finds increasingly complicated needs mean upcoming retirees will need advice to manage their expectations
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BNY Mellon finds increasingly complicated needs mean upcoming retirees will need advice to manage their expectations

People of working age are increasingly at risk of poor retirement outcomes, a report from BNY Mellon Investment Management (BNY Mellon IM) has found.

The report, which surveyed 202 retirement-focused advisers and interviewed 64 consumers aged 45 to 70, found retirement prospects are facing "growing complexity" among this group, with the majority...

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