Almost half of athletes are financially unprepared for future

With research from the Professional Players Federation indicating that just over half of retired sportspeople have reported financial difficulties within the five years after they stopped performing, figures from the FAS and MA have suggested that 48% of athletes do not have a financial plan in place. Issues are arising due to a lack of foresight when it comes to retirement. Many are focusing only on immediate success - too few are thinking about life beyond their professionally active years. Healthy option According to Paul Roberts, head of protection at Old Mutual Wealth, a yo...