Latest New Choices Big Decisions report published
Nearly six years on from the introduction of Pension Freedoms, new research has shown that older savers are sleepwalking into retirement and risk running out of all their Defined Contribution pension savings with a third of their retirement still ahead.
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@PeoplesPension
Pension freedoms, introduced in April 2015, have radically changed how people can access their DC pension pots after the age of 55. Read our latest research into the minds and habits of those who are navigating #PensionFreedoms > bit.ly/TPP_NCBD pic.twitter.com/Sn3uJpL4f0
Our research shows people are sleepwalking into retirement and will have a worse quality of life in later years than could have been the case if they had been guided.
We're calling for government to mandate guided retirement products > bit.ly/TPP_NCBD pic.twitter.com/ysDvW26GZT
. @gosling_tim writes for @mallowstreet about why the pensions industry needs to do more to help older savers prepare for retirement. Read the story here>
secure.mallowstreet.com/artic…
Members often think about their retirement savings as cash for now, rather than an income for life, planning to spend their pension on 'treats' like a new car or a holiday. Read why we think government should mandate guided pension products here > bit.ly/TPP_NCBD pic.twitter.com/eMeu60LmTb
Almost 6 years on from the introduction of #PensionFreedoms, our research has shown that older savers are sleepwalking into retirement and some risk running out of savings with a third of their retirement still ahead of them. Read more > bit.ly/TPP_NCBD pic.twitter.com/Y4i7LJLirQ
Our research shows the traditional model of retirement has made way to a different way of 'winding down'. We are calling for the industry to adapt to how members act in reality and for government mandated retirement products.
Read more in @DailyMirror >
mirror.co.uk/money/millions…
Congratulations to @laurasmart1982 for winning a prize in The People's Pension and @crawleytown Football Club’s #Shirts4Schools competition. We hope you keep hydrated with your water bottle! Thanks to everyone who entered. twitter.com/laurasmart1982… pic.twitter.com/kPRTrbGKug
Congratulations to @benostanners87 for winning a prize in The People's Pension and @crawleytown Football Club’s #Shirts4Schools competition. We hope you keep hydrated with your water bottle! Thanks to everyone who entered. twitter.com/benostanners87… pic.twitter.com/oUdgAfmcvv
Congratulations to @kayleighwesson for winning a prize in The People's Pension and @crawleytown Football Club’s #Shirts4Schools competition. We hope you enjoy following CTFC using your Amazon Echo! Thanks to everyone who entered. twitter.com/kayleighwesson… pic.twitter.com/HV2xRxXaok
Congratulations to @Teejaytee5 for winning a prize in The People's Pension and @crawleytown Football Club’s #Shirts4Schools competition. We hope you enjoy following CTFC using your Amazon Echo! Thanks to everyone who entered. twitter.com/Teejaytee5/sta… pic.twitter.com/Y9ADIvw7tA
Congratulations to @aruzicka202 for winning a prize in The People's Pension and @crawleytown Football Club’s #Shirts4Schools competition. We hope you enjoy following CTFC using your Amazon Echo! Thanks to everyone who entered. twitter.com/aruzicka202/st… pic.twitter.com/2XkBV5wHlq
Congratulations to @Rugga_DJ for winning a prize in The People's Pension and @crawleytown Football Club’s #Shirts4Schools competition. We hope you enjoy your football! Thanks to everyone who entered. twitter.com/Rugga_DJ/statu… pic.twitter.com/kKDOoAErGZ
Congratulations to @F2_EJT for winning a prize in The People's Pension and @crawleytown Football Club’s #Shirts4Schools competition. We hope you enjoy your mascot experience! Thanks to everyone who entered. twitter.com/F2_EJT/status/… pic.twitter.com/WPArpNzpAK
Too many savers run out of money with years left to live. We're calling for policy makers to require workplace pension schemes to guide members to products which match retirement risks, and ensure DC pension savers have an income throughout retirement > bit.ly/TPP_NCBD pic.twitter.com/7eQRsckGhn
Most people want guidance to make the big decisions when it comes to #PensionFreedoms. Our report (the third in the series) looks at how difficult it can be to make these choices at retirement. Read more in @corpadviser > corporate-adviser.com/three-i…
Our director of policy Phil Brown writes for the @theipaper about the need to give more support to savers following #pensionsfreedoms
Read story here >inews.co.uk/inews-lifestyl…
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