Govt reform boosts pension demand by a third

Legal & General's (L&G) MoneyMood survey found 36% of people say they want to save into a pension, compared to 27% in August last year. A quarter of people plan to add to their savings within the next month, the research says. The increased interest in pensions was greatest amongst the 35-44 age group. "It is encouraging to see such a healthy rise this year in the number of people thinking about saving for their long-term retirement income," says Mark Gregory, L&G executive director, savings. "The announcement of government proposals to introduce a flat rate state pension may al...