Britons NOT prepared for retirement: Shock number have NO understanding of pension system

Britons NOT prepared for retirement: Shock number have NO understanding of pension system
 

A study found an alarming level of ignorance among the British public when it came to planning for our older years.
Carried out by YouGov, the research highlighted the impact that government changes have had on UK consumer’s understanding of their pension options. 
Following radical changes new pension freedoms ushered in two years ago, along with the recent changes to the state pension age, more than a quarter (26per cent) of respondents admitted they were confused.
A further 29 per cent admitted that they found the range of pension products available confusing - the most popular... read more

 
1 August 2017 in Business, Views: 43
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