{"id":7440,"date":"2023-09-07T15:13:54","date_gmt":"2023-09-07T14:13:54","guid":{"rendered":"https:\/\/www.pjamesfs.com\/?p=7440"},"modified":"2023-09-07T15:34:07","modified_gmt":"2023-09-07T14:34:07","slug":"brits-will-find-it-harder-to-retire-comfortably-in-the-uk-study-claims","status":"publish","type":"post","link":"https:\/\/www.pjamesfs.com\/brits-will-find-it-harder-to-retire-comfortably-in-the-uk-study-claims\/","title":{"rendered":"“Brits will find it harder to retire comfortably in the UK, study claims”"},"content":{"rendered":"
Here\u2019s more on that self-same Advice Gap. One reason that many correctly think it will become harder, if at all possible to retire is that auto-enrolment pensions will never without attention, provide a comfortable income; if your definition of comfortable is about what you\u2019re earning now. And the paring back of charges, a good thing of course for the pensions themselves, means that advice in the workplace will only be available if a kind employer pays for it. Go figure. This goes hand-in-hand with the demise of final salary pensions, now only available in watered-down versions in what\u2019s left of the public sector. Yes, I know, there are all sorts of reasons for this, mainly the aging population. When they were invented, many of those pensions would only have been paid for 5 or 10 years and now we\u2019re all living longer. That\u2019s a \u2018problem\u2019, however, which may self-correct if we don\u2019t sort both pensions and the NHS in pretty short order.\u00a0<\/span><\/p>\n