Women over 55 will receive nearly £6,000 less in pension income annually than men while spending £1,200 more than their expected pension income each year in retirement.
More than one in four pension savers (28%) nearing retirement say they have seen a financial adviser or wealth manager in the past or do so currently, according to new research.
The average investor could retire two and a half years sooner by avoiding holding too much in cash and not making investment decisions based on “emotional comfort”, according to new analysis.
