Older people in the UK are facing a ‘retirement income riddle’ that is leaving them more dissatisfied and depressed in later life, new research shows. Analysis by our partner Legal & General and think-tank Demos of the recently published ELSA Study of Ageing has found evidence of a link between the choices people make about how they use their pension savings and their health and wellbeing. The results suggest that thousands of people are potentially choosing options that are increasing their likelihood of feeling depressed in later life or unable to plan for the future.
In particular, the research found […]
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