Category: pensions & retirement & Uncategorized
In a post-Budget survey, MGM Advantage revealed data showing the risk people are willing to take managing their own pension savings when rules over pensions come into force in 2015. 28% of the over 55s surveyed said they were not comfortable taking on the risk of managing their own pensions to provide a suitable income throughout retirement.
Category: retirement & savings & Uncategorized
New insight from fieldwork undertaken by MGM Advantage in March 2014, reveals the approach people are likely to take when they have full access to their pension pots for the first time, following the radical changes announced in the 2014 Budget.
Category: retirement & savings & Uncategorized
Category: Lifestyle & retirement & Uncategorized
A new report from MGM Advantage, put together with research conducted in October 2013, asked the following question of respondents: âBeing as realistic as you can, approximately how old do you think youâll live until?â
Category: Investments & Lifestyle & retirement & Uncategorized
âProperty rich, cash poorâ has been the lament of thousands of older people for a very long time â and equity release originally came into being to address this concern.
Category: Investments & pensions & retirement & savings & Uncategorized
The startling headline finding from The Financial Conduct Authorityâs (FCA) recent review of the annuities market proved to be the fact that some 80% of people who purchased an annuity from their pension provider could have received a better deal from an alternative source.
The report found that the annuities market was not working as it could for consumers, with many reporting that they found it difficult to review the suitability of the annuity offered by their pension provider, when compared to the alternatives available.
