TPAS 'not convinced' pensions education is the solution

TPAS chief executive Michelle Cracknell said while there were many barriers between the pensions industry and ordinary savers that caused confusion, she remained unconvinced on the merits of financial education. "If I'd been educated on pensions in 1980 when I took my O levels, I'd have learned about final salary schemes, I'd have learned about contracting out, things that are really not going to be relevant to my retirement, when all I've really got are defined contribution (DC) pension benefits," Cracknell said. "So I'm not sure education is really ever going to be the solution. Plu...