Retirement Flexibility

As many as 10 million pension savers will increase their contributions to take advantage of greater at-retirement flexibility announced in the Budget, according to research.

Some 44% of people aged between 18 – 34 agree they would put more into their workplace or personal pension in wake of the Chancellor’s announcement in March.

Across all age groups, almost 25% of the adults questioned said they would save more, which equates to about 10 million people if this is a representative of the whole population.

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