Only fifth of UK retirement-savvy

The poll, carried out as part of Financial Planning Week, shows a clear distinction between age groups when it comes to financial awareness. Around 70% of people in both the 18-24 and 25-34 age groups say they do not know what they need to save. Those closer to their retirement, aged 45-54, had a clearer picture, with 56% saying they did not know what to save. Meanwhile, the proportion of those in the dark about retirement saving shrank to 22% in the 55 and over age group. "Given the demographics that we are presented with and the growing emphasis on providing for our own financ...