Retirement

Financial Services Authority

Retirement planning for the over 50s
Prepared for the Financial Services Authority by NOP and Saville Rossiter-Base

November 2004

Acknowledgements
This inquiry project was carried forth on behalf of the FSA by NOP and Saville RossiterBase. The quantitative delineate was written by Rob Warren at the FSA. Saville Rossiter-Base carried out the qualitative analysis. The project was managed by Rob Warren at the FSA (tel: 020 7066 0842, email: rob.warren@fsa.gov.uk).

Contents

1. installation and background.....................................................................4

2. Methodology .................................................................................................5

3. Overview of quantitative research findings...............................................6
3.1 3.2 3.3 3.4 3.5 prevision of retirement age................................................................................6 Financial preparations for retirement ..................................................................7 Concern regarding lack of fiscal preparation .................................................8 Expectations of standard of living in retirement ..................................................9 confidence in achieving a decent standard of living in retirement...................



10

4

Overview of qualitative research findings ...............................................11

Appendix A Quantitative questionnaire ......................................................13

1. Introduction and background
As part of a strategy of Building Financial talent in the UK, the Financial Services Authority (FSA) wanted to look for consumer attitudes and behaviour regarding retirement planning, looking in particular at those with around 10 years to their expected retirement. This paper summarises the detect findings from that research.

Financial Services Authority

4

2.

Methodology

The...If you want to get a honorable essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .