View more on these topics

Half of workers unsure of when they can afford to retire

Over half of the working population do not know when they will be able to retire, a huge increase on last year, according to Barings’ research.

The number of people uncertain of their retirement has risen to 18.7 million or 53 per cent of the UK’s working population, compared with 368,000 last year.

Over two-thirds of working people over 65 say they have no idea when they will be able to start retirement while the total number of people looking to retire at 65 has halved in the past 12 months to 20 per cent. The number of people who expect to be able to retire before 70 has also halved from 32.7 million to 16.4 million.

Clayden Associates director Daniel Clayden says: “People are putting in what they can afford and are focusing on the more pressing issues in this current environment.”


Japanese prime minister dissolves lower house

Taro Aso, the Japanese prime minister, today dissolved the parliament’s lower house in a move that sets the country up for elections on August 30.Aso, who came to office in September 2008 following the resignation of Yasuo Fukuda, has seen his popularity nosedive along with his ruling Liberal Democratic Party (LDP). Public anger was openly […]

BoE call sparks gilts sell off

Gilts yields skyrocketed yesterday after the Bank of England announced it was considering putting its quantitative easing plan on hold.


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