Video: Thoresen on retirement savings crisis

The provider carried out an in depth survey with 25 participants who were all long-term savers, currently working and with a household income of between £20,000 and £80,000. It found people generally felt maintaining their current lifestyle was as important or a greater priority than long term savings such as pensions. Aegon's research also noted anger and fear about retirement and long-term savings coupled with distrust in financial institutions and the government. Pensions were seen as an "old fashioned" way to save and handing money over to an "invisible" financial institution. ...