Consumers maybe deluding themselves - Swiss Re

Its results were unveiled at a conference hosted by trade body Protect, having been conducted alongside the UK Insurance Report which was released earlier in the year. When asked about financial planning for later life almost half (45%) the industry expected customers to say they could not afford to put anything away at the moment, just 10% of consumers did. And when it came to either currently making plans or already being well prepared, just 12% and 2% of the industry thought consumers would feel that way, when in fact 26% and 41% respectively believed themselves to be in this posit...