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National decline in retirement confidence: AMP
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Financial Standard
AMP has launched Retirement Confidence Pulse, a new barometer to measure how financially confident Australians feel about life after work.
The rating supports an alarming national decline in confidence towards financial security during retirement.
This contrasts three in four with an income of $190,000-$250,000 feel confident, versus two in five under $45,000.
Informed by their recent research, AMP has created the Retirement Confidence Hub with an advisory committee of industry experts to bridge insights with practical industry application.
Retirement Confidence Hub chair Ben Hillier said: "The Pulse is our scoreboard; the Retirement Confidence Hub is our game plan - a standing effort to turn evidence into action so more Australians can feel confident about their retirement and unlock a better quality of life."
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