If you’re approaching retirement or have already retired, sharing your experiences is a really important contribution to this review of retirement options. Your views will make it more informed and help influence changes in the future.
We know people are living longer and working longer. As people approach retirement they may consider how to cope with future long term care needs or even paying off debts. Only by finding out what people care about can we be sure that changes to the current system will be fit for future generations.
Only by finding out what people care about can we be sure that changes to the current system will be fit for future generations.
As an industry already providing retirement incomes to millions of people, we should be leading debate and discussion about how to ensure future generations make informed choices about their options at retirement and how to make their savings work as hard as possible.
If you tell us your experiences, we will ensure the consumer voice is at the heart of our report on A New Retirement which we will publish in 2014.
Please complete our survey below - which will take around 5-10 minutes.
Currently in the UK:
- There are 11 million people currently aged over 65 in the UK (Office for National Statistics, ONS)
- 16 million people predicted to be aged over 65 in the UK by 2030 (ONS)
- 21 years, the average life expectancy of a woman reaching age 65; 19 years for a man reaching the same age (ONS)
- 37% of women have made no pension provision (Scottish Widows Pensions Report)
- One in five workers think they will never retire (ABI commissioned survey)
- 16% of people aged 85 or over will need to go into a care home (Laing and Buisson)
- £38,376 was the average annual fee in 2012 for a single room in a nursing home (Laing and Buisson)