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Attitudes to pensions: the 2009 survey
 — a report of research carried out by the National Centre for Social Research on behalf of the Department for Work and Pensions
Author(s)Elizabeth Clery, Alun Humphrey, Tom Bourne
Corporate AuthorNational Centre for Social Research - NatCen; Department for Work and Pensions - DWP
PublisherDepartment for Work and Pensions, London, 2010
Pages174 pp (Department for Work and Pensions Research report, no 701)
SourceDownload from DWP website: http://www.dwp.gov.uk/asd/asd5/rrs-index.asp
AnnotationThis report presents the findings from a 2009 survey that explores people's attitudes towards pensions, also their expectations for retirement as well as views on other topics related to planning and saving for later life. The findings update and expand on the first Attitudes to Pensions Survey which was conducted in 2006. It presents a detailed picture on how attitudes to pensions and financial planning for later life have remained stable or changed since 2006. The findings are based on a representative sample of 1,654 adults in Great Britain aged 18-69. Most of the respondents were positively disposed towards saving; 67% report accessing information about financial products, services and issues through a variety of sources, with variation by age. However, there is considerable lack of reasonable knowledge about financial products and much uncertainty about the age at which they will be able to claim their State Pension. The majority of respondents have or expect to have access to some form of financial resource in order to fund their retirement, although the provision varied substantially between respondents. There is considerable variation in respondents' expectations around the age at which they will retire and the likely duration of their retirement. There is widespread interest in working beyond the current SPA. A summary of this research (4 pp) is also available. (RH).
Accession NumberCPA-130620002 E

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