About 40% of people say they are aware of not saving enough for their future well being, while more than half are clueless as to the amount they should be saving, research indicates.
The findings are from a report titled Pension Perceptions in Britain Today from specialist financial services provider B&CE, which supplied people in the building and construction sector. The report has found 41% of employees admit to an inadequate savings retirement income, while more than 27% of these people are not knowingly saving into a recognised pension scheme. A further 57% are completely unawares as to the amount of money needed to live comfortably in retirement, giving no thought to retirement income financial planning. Those able to answer the question thought that an a...
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