Over 50% of active investors are confused by the upcoming A-Day changes to pensions, claims a new survey from TD Waterhouse.
Conducted by Mori, on behalf of the stockbroker, the online confidence survey questioned 511 active investors, those who had bought or sold shares in the last 12 months, about their pension provision. The figures revealed 59% of those questioned were unaware of the new A-Day rules, and the remaining 41%, when asked to explain what the changes meant, gave answers which ranged from “You have to work longer before retiring”, and “Put money into a pension scheme” to the prophetic “We are all doomed”. Of those respondents that were aware of the upcoming changes, 30% thought the government h...
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