Survey of UK adults aged 50+ on behalf of Citizens Advice exploring their financial behaviour, plans for retirement and knowledge of their pension plan
Two thirds of working UK adults aged 50+ say that they check the value of their pension at least annually. The value of their pension is checked more frequently by the 50+’s than the value of their house, though less frequently than either utility bills or bank statements.
More than half of UK adults aged 50+ holding a defined contribution (DC) indicate that they would like support from an expert on withdrawing their pension, a higher proportion that would like support on buying a house, buying a car or investing in the stock market.
Date Published: 29/10/2015
Categories: Finance | Financial Services | Public and communities | Third Sector | UK
Client: Citizens Advice
ComRes interviewed 1,386 UK adults aged 50+, 1,000 of which are nationally representative plus a boost of 350 people with Defined Contribution pensions.