Investment in pensions is still too low

Awareness of pensions is growing but ignorance of how much needs to be saved and how to do so remains high. That is the conclusion of a survey of attitudes towards age, pensions and retirement was conducted by the Chartered Institute of Personnel and Development (CIPD). Four in 10 of those questioned said press headlines had increased their awareness about pensions and the need to save more for their futures. CIPD adviser on reward and employment conditions, Charles Cotton, said awareness of the importance of pensions seemed high. As many as 64% said they are as important as base sala...