Pandemic hits Generation X retirement plans

One in five of Generation X are now saving less or spending down their retirement savings as a result of the Coronavirus pandemic, according to a new report.

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Editor’s Comment: The grim news about Generation X

I’ve often wondered exactly how many people regularly use an IFA and now we know - it’s about 8%, at least of the key so-called Generation X segment of the population, the important 39-54 year-olds.

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Only 8% of middle aged savers see an IFA regularly

A survey of 2,000 ‘Generation X’ individuals - those aged 39-54 - has revealed that 84% make key financial decisions alone or with their partner.

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Providers must ‘adapt their language to reach women’

Investment providers are failing to connect with a female audience, leading to a £15bn gap between the value of investments made by millennial and generation X women and men, new research has revealed.

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