Continued pessimism among pension paying Brits

A survey conducted by Stockbrokers Brewin Dolphin, finds respondents expect their pension pot will be 30% lower than their desired income, a figure of around £159bn, while 58% think their retirement will be 20% lower than needed, and 7% believe it will be over 71% less than they originally hoped to build. Moreover, the stockbroking firm finds young people aged between 18-24 are most pessimistic about their future pension payout, as 81% expecting to see low returns compared with their needs. Despite this, the firm says one in three have never reviewed their pension arrangements, with w...