Standard Life

Seven in ten people ‘have done little, if any’ retirement planning

Those who get holistic advice are generally happier

Rates continue to remain ‘well above’ historic low levels

Those who have combined pensions said they found it easy

One in five say retirees with annuities at risk of running out of money

Made to meet the ‘increasing desire’ for guaranteed income in retirement

Single pensioners face ‘uphill hike’ compared to couples

Majority consider financial wellbeing as secondary to general planning

Cost of living and pandemic prompts clients to take out more money

Advisers demonstrate readiness to prioritise clients’ best interests