Call us today: +44 (0) 20 3551 6634
The jargon spouted in much pension advice may be off-putting to many expatriate health insurance customers.
According to Paul Goodwin, head of pensions at Aviva, there is plenty of information available to individuals planning for retirement, but a lot of it is not customer-friendly.
"That all adds to putting up barriers – [people] really don't understand what critical things they need to do to make sure that they save for their retirement," he explained.
In addition, young people are "almost caught between the devil and the deep blue sea" because they have so many financial priorities that it is difficult for them to listen to pension advice.
"A lot of them leave university with a big pile of student debt, a house that they want to buy, a family that they want to build and then you have got to save a load of money for your retirement. For the younger person, how do you prioritise," Mr Goodwin added.
His comments come after MetLife Europe's recent report found almost two-thirds (64 per cent) of over-50s do not know whether they will have the necessary income and savings to fund a comfortable retirement.
Moving abroad? Get a free quote for your international medical insurance online.
Expatriate Group.Delmon House,36-38 Church Road,Burgess Hill,West Sussex,RH15 9AE
Registered Address.35 Ballards Lane,London,N3 1XW
Tel: +44 (0)20 3551 6634Fax: +44 (0)870 428 5141Email: email@example.com
Short Term Healthcare Insurance
Travel Medical Insurance One Way Travel Insurance Single Trip Travel Insurance Annual Multi-Trip Travel Insurance Non UK Resident Travel Insurance Business Travel Insurance
About Us Useful Links Leave a Review Our Awards The Press Room Satisfaction Survey Downloads Legal Notice Underwriters Hospital List
Emergency Assistance information Short-Term Healthcare Working Abroad Insurance Thailand Health Insurance Family & Friend Benefits
Register as an Intermediary Opportunities for Brokers
Expatriate Group & Expatriate Healthcare are trading styles of Strategic Insurance Services Limited who is authorised and regulated by the Financial Conduct Authority (FCA). FCA Firm reference Number is 307133. Strategic Insurance Services Limited is authorised to carry on Regulated Activities in accordance with the permissions granted by the FCA under PART IV of the Financial Services and Markets ACT 2000.