Retirement report
Retirement is a new chapter. One filled with freedom, possibilities, and the chance to truly enjoy the life you've worked hard to build. Whether you're settling into a slower pace or embracing new adventures, we believe your financial wellbeing remains key to maintaining peace of mind. Now is the time to ensure your resources continue to support your lifestyle, passions, and priorities, whether that’s travel, time with loved ones, or hobbies. Thoughtful financial planning doesn’t end at retirement—it evolves with you.
Retirement confidence starts with clarity
Many people are stepping into retirement without a full understanding of the rules, changes, and planning needed to feel secure. These stats highlight the importance of staying informed and taking action to build a confident financial future.
0% of people don’t understand the tax rules that affect their pension.
0% are unaware that significant changes to pension inheritance tax rules were announced in 2025 (due to come into effect in 2027).
0% openly admit they have no plan in place for retirement.
Introducing our Retirement report.
We spoke to people aged 45 and over across the UK—including many already enjoying retirement—to understand their experiences, concerns, and approaches to planning for the years ahead.
This report is designed to support you in navigating the financial aspects of life after work. Whether you're newly retired or well into this next chapter, it explores key considerations, options, and actions to help you make the most of your resources. From understanding your pension and savings to exploring investment choices and lifestyle planning, it’s here to help you feel confident and in control of your future.
The retirement reality check
What’s holding people back from planning their financial future?
0% have never spoken to a financial adviser about their retirement plans.
0% of those who haven’t sought advice believe that they don’t have enough money to make it worthwhile.
0% admit that don’t review their pension regularly, while 13% have never reviewed it at all.
Remember, the amount you receive from your pension plan when you retire will depend on several factors, including how much your plan is worth at the time you take your benefits. This value can go down as well as up, so it's not guaranteed. There’s a chance that the value of your plan could be less than the total amount you’ve paid in.