Majority of under-45s 'in the dark on retirement income'

In a survey of 2,018 people, the insurer found 79% of under-45s with a pension did not know how much they would receive in retirement, with 74% also unaware of the value of their pension investments. Standard Life head of pensions accumulation Alistair Hardie said: "Our research shows that most of us don't really know the value of our pension until we are older and in the run up to retirement, despite the fact that we are likely to be receiving annual pension statements." The results of the research also showed 43% of respondents with pensions had two or more pots, including 34% of th...