Pessimism over 'frustratingly high' pensions gap

A survey conducted by Winterthur Life at its recent roadshow attended by 1,000 IFAs, finds 67% of respondents think the government, with its new mandate to tackle pensions, will make ‘little impact’ in plugging the gap and 15% believe it will not impact at all. Chief executive officer at Wintethur Life, Mike Kellard, says its firm's findings indicate there is no ‘silver bullet’ to compel future retirement savings, despite the planned radical shake-up under the new government. He says: “If there is no appetite or demand, which I believe strongly is currently the case, then it doesn’t mat...