Brits Rethinking Retirement Plans Due To COVID, Aviva Finds

By Najiyya Budaly (November 25, 2021, 1:02 PM GMT) -- More than half of U.K. adults surveyed by insurance giant Aviva have said that their plans to retire have changed because their priorities have changed during the COVID-19 pandemic.

Aviva PLC said on Wednesday that 54% — 1,082 of the 2,003 adults it surveyed in October — have rethought their retirement plans as the pandemic has had a polarizing effect on how they see their finances in the future. Almost one in five, 18%, feel less secure about their financial future, the insurer added.

One in 10 individuals aged 35-44 used the government-ordered lockdowns to save more for their retirement and...

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