Combined pension statements 'pointless' - Scottish Life

Steve Bee, head of pensions strategy at Scottish Life, says the government's idea to keep people fully informed of their pension savings is a good one, but hardly worth it if proposals remain as the are. "I'm not too sure it will be worth all the bother," he syas, following revelations combined statements will not inform people of the amount of Pension Credit to which they may be entitled. Without details of such entitlements, many people will simply have no idea whether they should be saving into a pension or not, Bee adds. "This is particularly important as replacing the means-te...