Trust in government over pensions 'very low'

The State of the Nation’s Savings report reveals levels of trust in the government are very low in relation to pensions and people have little idea of what has been proposed for state pensions. Of the 3,117 people surveyed, 2% trust the government ‘a great deal’ in relation to state pensions and 1% trust it ‘a great deal’ in relation to private pensions, while 27% have a ‘clear’ view of how much state pension they can expect to receive in retirement. The report says in the run-up to 2012 there needs to be further open and constructive debate, with policyholders communicating their ideas...