Close Brothers: Pension fears hit affluent

In its inaugural Trends in Wealth Report: Road to Retirement nearly half (48%) of those in households with an annual income of at least £70,000 worry about having enough retirement income to meet their needs. Only 33% of those at retirement or looking to retire in the future are unconcerned about funding their retirement. Despite this one in seven affluent employees has yet to make any pension provision. Escalating living costs mean on average they don't expect to start making plans until they are 41 years old. The survey showed affluent retirees are increasingly looking to wo...