One in three pensioners see their health worsen in the first five years of retirement

One in three pensioners see their health worsen in the first five years of retirement, according to research by LV.

David Connor at Investment Solutions said: 'Although retirement is often seen as a time to take your foot off the pedal, there are often life changes that occur that could lead to financial upheaval. It is therefore essential that retirees have a degree of flexibility around their finances so they can adapt to a change in their needs.'

So with the range of options now quite comprehensive building a retirement solution can be quite complex.

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