View more on these topics

Annuity fears fail to quell optimism over retirement

Many people feel positive about retirement despite constant publicity about falling annuity rates and lack of pension provision, according to research carried out for RJ Temple.

Its survey shows that many people see retirement as a new stage in their life where they can pursue their personal interests although many are also concerned about the financial burden this may bring.

Single women are less positive about the future and have more concerns, with only 15 per cent seeing retirement as a time to do what they want compared with 45 per cent of married women.

The survey also found that 55 per cent of single women are concerned about not having enough money to live on compared with only 27 per cent of single men.

Younger people are most likely to see the importance of planning for retirement, with 51 per cent of 15 to 24-year-olds saying that retirement is a time worth planning for compared with only 16 per cent of people over 65 and 36 per cent across all ages.

Older age groups are more concerned about inflation and the cost of nursing care, with 31 per cent of 55 to 64-year-olds indicating that these are a worry.

The survey, conducted by MarketMinder during September and November, questioned 1,341 people throughout the UK.

RJ Temple communications manager Liz Walkington says: “Single women seem to be a more vulnerable market, one reason being that they are more likely to have lesser pension benefits than men.”


Mortgage decision creates level playing field says Halifax

Halifax has welcomed the announcement that mortgage advice is to be regulated by the FSA, saying it will create a level playing field for consumers and the industry. Halifax says it has long taken the view that mortgage firms should be regulated by a single body and says it is pleased that all intermediaries will […]

Treasury brings Christmas cheer

Christmas has come a little early with Treasury plans to regulate all mortgage and insurance advice. In keeping with the season, we must say well done, Treasury.CP98 for mortgages will be abandonned and the General Insurance Standards Council will wind down. Few will mourn the passing of CP98&#39s recipe for driving IFAs out of the […]

Skandia committed to independent advice, says Wilson

Skandia says its decision to bid for Bankhall fits with its belief in independent financial advice, and says it believes the deal works equally well in a polarised or depolarised sales environment.Skandia executive vice president and managing director of IFA Services Alan Wilson says: “Skandia has consistently championed the cause of independent financial advice. There […]

Pink Home Loans – Exclusive 2 Year Fixed Rate Self Cert

Monday, December 17, 2001.Type: Fixed rate self-certification mortgage.Fixed term: Until January 31, 2004.Fixed rate: 6.49 per cent.Minimum loan: £25,001.Maximum loan: Loans of up to 75 per cent of valuation subject to amaximum of £500,000, 76-85 per cent subject to a maximum of£400,000. First-time buyers up to 85 per cent of valuation subject to amaximum of […]

It’s too soon to write Apple off

By Ali Unwin, Chief Technology Officer & Fund Manager at Neptune Earnings season is noisy in the technology sector and a good quarter does not make a good investment. Numbers that come in marginally ahead or behind ‘market expectations’ are extrapolated to produce narratives showing the rise or fall of companies. Our job as technology […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm