Two thirds of UK adults do not trust the government's pension reform and almost half are less confident in saving for retirement than they were five years ago, according to research from MetLife.
The survey of 965 UK adults reveals two thirds – equivalent to 31 million – believe government attempts to simplify pensions have not delivered, while 42% feel less confident about retirement saving compared with five years ago. Around 74% of the 45-54 age group and 70% of the 55-64 age group say the reforms have been “unconvincing”. In addition, 70% of adults are concerned about the government’s ability to create the conditions for successful pensions investing, rising to 78% of those aged 45-54. The survey also reveals recent government action has made 31% of those aged between 18 a...
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