The new Standard Life's Savings and Investment Index suggests that personal pensions continue to be popular among investors.
It states that consumers seeking the product have led to increased demand causing them to reach a new high of 27 on the index.
Furthermore, the research states self-invested personal pensions (Sipps) have stayed at a steady rate over the past six months.
The research also found that greater numbers of buy-to-let investors are seeking to invest in property as a means of supplementing their pensions.
Trevor Matthews, chief executive of Life &Pensions UK and Europe, commented: "The swing from the relatively safe haven of national savings to the more volatile area of buy-to-let suggests people are prepared to take more of a risk with their money, reflecting growing confidence in the property market.
"However the fall in overall savings intentions is worrying as it means the savings gap is likely to widen - the opposite of what needs to happen to plug the gap."
Equity release is another method some retirees use to provide additional pensions income.
This turns the value of one's home into regular cash payments or as one lump sum.
Personal pensions on the rise, says report
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Personal pensions on the rise, says report
Wed, 19 Jul 2006
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