Poor choice of pension products can make older Brits dissatisfied and depressed in retirement, research by Legal & General and Demos found.
Analysis of the English Longitudinal Study of Ageing has found evidence of a link between health and well-being and the choices people make about how they use their pension savings.
The research found bad product decisions can have the biggest impact on Britain’s poorest 50 per cent of retirees. Out of them, those who have had put their money into investments were twice as likely to have not enjoyed their life over the past week (19 per cent) than […]
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