How are your retirement plans coming along? Hopefully you’re well on track to lead a financially comfortable retirement. A recent Global Retirement Index has highlighted that the UK trails behind a plethora of global counterparts in terms of retirement security9.
The Index assembles data from a variety of sources to produce a comparable score across countries. The UK ranks at 17th place overall, out of the 44 nations featured. The UK recorded a low score in the ‘assessment of finances in retirement’ category, languishing 34th in the rankings. New Zealand, Norway, Iceland, Switzerland and Ireland dominated top spots in the overall rankings.
It is important to take professional advice before making any decision relating to your personal finances. Information within this page is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.
Tax and Estate planning are not regulated by the Financial Conduct Authority
The value of pensions and investments can fall as well as rise. You may get back less than you invested.
Will writing is not regulated by the Financial Conduct Authority. Quilter Financial Planning Ltd are not responsible for any will writing advice.