Call: 0800 011 3797

Call: 0800 011 3797

Webchat

Public reaction to 2014 Budget and retirement changes

Research from Aviva has found that nearly two-thirds of those who are yet-to-retire say they think it is a good idea to give people more choice and flexibility in how they take their retirement income. 

The research suggested that awareness about the retirement income changes announced in this year's Budget is high, with 80% of people saying they have some level of knowledge of them. In the 2014 Budget, the government announced it planned to give people more freedom in how they take their retirement savings.  Click here to read more about the Budget on our website.   

Just over a half (52%) of those asked in the Aviva research think people can be trusted to spend their retirement savings wisely. And there is strong support for having control over their finances (63%), which will allow them greater freedom to do what they want with their money (67%). 

Confidence in decision-making 

While more than a quarter (28%) of people say they have enough knowledge to be able to make the right decisions about their retirement, 41% say that although they have some knowledge they would benefit from further help, and 30% admit they are lacking in their understanding. Women are more likely than men to say they have a lack of knowledge (39% vs. 23%). 

Our mission is to make pensions accessible to everyone, so if there is anything you do not understand, please contact us and we will be pleased to help.  To discuss any pension-related issue:  

  • Call our helpline on 0300 123 1047.
  • Talk to one of our advisers online here.
  • Use our web based enquiry form here.  
We never contact our customers out of the blue

We're all ears

How do you feel about the help you just received?

We would really appreciate a few minutes of your time.
Your feedback helps us create a better experience for you.

×
Your details Hi there, start a chat with online support now
These sessions are recorded for training and quality monitoring purposes. You will also have the opportunity to download a transcript of the the conversation for your records upon connection

Please do not refresh your browser during this chat session. This will cause your session to end.
    Click here to download the chat transcript
    Webchat
    Webchat is not working properly. Sorry for the inconvenience.