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Industry: Email Alert RSS FeedNews: Londoners reveal greatest fear of retirement.
Pensions Week, October, 2006
Londoners are the most scared of reaching retirement out of all UK regions, a survey said.
Research by JPMorgan Invest on people's fear of aging and the impact on UK pension provision, revealed one in 10 Londoners admitted they were fearful about getting older, topping anywhere else across the country.
Meanwhile, the Welsh are looking forward to retirement the most, with 11% of respondents saying they were excited about the prospect of getting old. This compared with just one in 20, 4%, in the Midlands.
People in the south-west of England are the most forward-thinking Britons with one in 10 people planning up to 20 years in advance.
The survey painted a gloomy picture for future retirement incomes, with 19.7 million workers in the...
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