Non-advised pension savers 'worse off'

A report from webiste Unbiased and Standard Life, Value of Advice, showed 51% of those who did not take advice for their pension did not know how much they had in their retirement pot. Of those that did receive advice only 27% did not know how much they had in their pension fund. According to the report, those that sought advice were not only more knowledgeable about their pension, they could also be as much as £232 a month better off. Dave McGovern, head of retail marketing at Standard Life, said the report highlighted that those who sought advice had a clearer awareness of their ...