Latest news for Prudential 
1 in 4 cancel retirement plans because they can't afford to stop working(11/05/2011)
The latest Prudential's Class of 2011 study reveals that more than a third (38 per cent) of people due to retire in 2011 are cancelling their plans and delaying retirement, and a significant proportion (22 per cent) of these are doing so because they can't afford to stop working. Those delaying retirement this year for financial reasons, had, on average, hoped to stop working at age 62 but now expect to be 68 years old before they can finally ... [more]
1 in 3 will retire with an income below poverty line(06/04/2011)
To meet its minimum income standard the Joseph Rowntree Foundation estimates that a single person in the UK needs at least £14,400 a year, yet 35 per cent of those retiring in 2011 will retire with an income below this level, up from 32 per cent in 2010. According to new research from Prudential, more than a third (35 per cent) of people planning to retire in the UK this year will do so with incomes below the poverty line. Prudential's Class o... [more]
Majority willing to work on in order to guarantee a higher income when they retire(24/05/2010)
According to the latest research from Prudential’s Class of 2010 retirement survey, nearly three out of five people (57 per cent) planning to retire this year would be willing to work on in order to guarantee a higher income when they do retire. And a quarter (25 per cent) would be happy to work for five years more, with 7 per cent of these people willing to put in another 10 years before retiring, the study of attitudes to retirement shows. ... [more]
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