Informed Choice calls for 'sea-change' on pensions

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Savers need to readdress their approach to private pensions in 2010 - a year in which the general election will shape the financial landscape, says Informed Choice.

Speaking to IFAonline, the company's managing director Martin Bamford urges savers to take more of an interest in their private pensions and start viewing them as an important investment tool. With the Surrey IFA's clients predominantly in the 50-70 age category, he says it is important this group gets a grip on their pension pots in what promises to be an uncertain year. "Historically, clients don't seem to have taken much interest in their private pensions, in regard to where the money is invested, what it provides and what kind of returns it makes," he says. "People need to take ...

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