• Skip to primary navigation
  • Skip to main content
  • Skip to footer

020 3780 0780

info@silverbridgeproperties.com

  • LinkedIn
  • Twitter
silverbridgeproperties

silverbridgeproperties

Part Exchange Specialists

  • HOME
  • ABOUT US
    • WHY WORK WITH US?
    • WHO WE WORK WITH
    • MEET THE TEAM
    • WHAT OUR CUSTOMERS SAY
  • WHAT WE DO
    • PART EXCHANGE
      • THE BENEFITS OF PART EXCHANGE
      • STEP BY STEP GUIDE TO HOW PART EXCHANGE WORKS
      • PX FOR DEVELOPERS
      • PX FOR PARK HOME OPERATORS
    • CHAIN BREAK
    • ASSISTED MOVE
  • NEWS
  • CONTACT

A quarter of retirees fear Brexit will hit their finances, says the Prudential

New research finds that a sizeable number of people planning to retire this year are altering their plans in the wake of the Brexit vote.

You are here: Home / Market News / A quarter of retirees fear Brexit will hit their finances, says the Prudential

10th May 2017 by admin

New research finds that a sizeable number of people planning to retire this year are altering their plans in the wake of the Brexit vote.

According to a survey, conducted by the Prudential, over a quarter of people planning to retire this year fear a long-term Brexit hit to their finance.

The study found that 27% were worried about damage to their pension values and other income as a consequence of the country’s decision to leave the EU. Furthermore, 11% of those who had intended to retire in 2017 have now delayed their planned retirement date and 6% were intending to see out their days abroad instead.

However, a majority 67% said their intentions had not changed, though only 12% thought Brexit would have a positive effect on their finances.

While low interest rates since the financial crisis have hurt savers generally, stock market values have reached record highs since the EU referendum last June – bolstering many top shares held by pension schemes.

This is mostly down to the collapse in the value of the pound, which has increased the value of their overseas’ earnings.

Market News

Footer

  • Contact Us
  • Privacy and Cookie Policy

Silverbridge Properties is a subscriber to the ARCO Affiliates Network

Silverbridge newsletter

Sign up to our newsletter and receive our latest news

Copyright © 2023 | Silverbridge Properties Ltd | All rights reserved. Return to top
Website by: Barking Dog Communications