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Home arrow Market Research Findings arrow Savings/Investments arrow Regular pension contribution intentions at new peak
Regular pension contribution intentions at new peak Print E-mail
Written by JGFR   

Regular pension contribution intentions at new peak
 
Confidence in life and pensions products edged up further in the latest survey. Overall around 46% of consumers expect to contribute to a life or pension scheme in the coming months – up from 41% in December 2004.  

With pensions very much in the news following the Turner Commission’s recommendations, a record proportion of adults (37%) expect to contribute regularly to a pension scheme in the coming months, compared with 30% in December 2004. suggesting that increasing numbers are addressing pension provision. Among those in work the proportion intending to contribute to a regular pension is 55%, up from 52% in September and 43% in December 2004.

Life companies can also look forward to solid regular life insurance contributions – a quarter of adults expect to contribute to a regular life scheme (21% December 2004) – although expected lump sum life and pension contributions continue to remain subdued.

John Gilbert Financial Research, http://www.jgfr.co.uk/

 
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