People choose 'family over advisers' for pensions advice

Nearly 25% people polled by Baring Asset Management said they would turn to friends or family for advice on their pensions. The figure is up 15% on the same Baring survey conducted last year.  The number of people who said they would turn to a financial adviser remains flat at 25%. By contrast, people are more likely to turn to their bank for pensions advice, up 6% to 15% versus 9% in 2011. The research questioned 1,567 non-retired British adults in June. For those aged 18 to 24, well over a third ask friends or family, far higher than the 25% that turn to a financial adviser...