Some 77% of employees know little about the value of their occupational pension scheme even though t...
Some 77% of employees know little about the value of their occupational pension scheme even though they are members of it, according to research by Barclays Global Investors. In a survey carried out on behalf of the Pre-Retirement Association (PRA) researchers found a widespread indifference to financial services partly because of perceived complexity and partly due to dependence on the welfare state. The most valued sources of information about financial matters were those involving personal contact. Either family, a company adviser or IFAs if they were introduced via personal recommend...
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