Understanding Retirement: An NAPF Research Programme
The NAPF has published new research examining the expectations and the reality of retirement today for those recently retired and those coming up to retirement in the next 20 years.
The qualitative and quantitative research shows that pensions reform to be introduced in April 2015 have increased the feelings of uncertainty faced by many retirees. The latest research report from the NAPF maps the changes that have led to a more unpredictable retirement, and identifies three distinct groups of over 50 year olds, examining their expectations and experience of retirement. The research itself outlines support that will be needed by those approaching retirement with Defined Contribution (DC) pensions, to navigate the new market place available under Freedom and Choice.