Summary
People's retirement plans are set to be derailed by a 'perfect storm' of demographic, individual and financial conditions, a global survey carried out HSBC has claimed.
The fifth annual Future of Retirement study carried out by the bank, titled 'It's Time to Prepare', said people were taking short- term survival strategies in the midst of the recession, creating a serious long-term pensions 'downturn deficit'.See the full content of this document
Extract
Short-term needs hit pensions
It added there was a continuing lack of pensions planning, even though people were aware that they are likely to live longer, and this was being exacerbated by poor levels of financial understanding, education and access to...
See the full content of this document
Sponsored links
