One in five lose sleep thinking about retirement

20th December 2023 Consumer Collections | #retirement

One in five (19%) people have spent sleepless nights worrying about retirement planning, as two thirds of people face into retirement planning without support according to new research from Standard Life. The research found that nervousness about preparing for retirement has further negative consequences, with 15% reporting poor mental health and 13% saying they have…

Read more

Over-40s face retirement savings anxiety this Christmas

13th December 2023 Consumer Lending | #retirement

New research by My Pension Expert has revealed that over-40s are facing retirement savings anxiety this Christmas. The research found that 37% of UK over 40’s say that during the Christmas period they recognise the significance of financial security in retirement. 31% of over 40’s say spending more during the Christmas period makes them more…

Read more

Retirement on the back burner as people struggle with cost of living

6th November 2023 Arrears and Recoveries | #retirement

Almost half of people approaching retirement (49%) are rethinking their plans as the high cost of living bites into their everyday finances. Research carried out by LiveMore among people aged 50-79 found that 26% have been forced to postpone their retirement while 23% are seriously considering delaying it. In addition, 7% have taken on more…

Read more

Only six in ten think they will be able to cover their bills when they retire

Research carried out by Opinium on behalf of Hargreaves Lansdown has found that only 61% of people said they thought it was a realistic prospect they could cover their bills in retirement. Less than a third (29%) thought they would not need to worry about money and less than half (45%) thought it was a…

Read more