Half of defined contribution savers unhappy with pension schemes - research

Just 45% of UK members said were happy with their schemes, compared to 65% of US savers, the study from State Street Global Advisors (SSGA) found. This discrepancy narrowed when survey participants were asked if they were happy with their employers' involvement; 50% of UK and 54% of US respondents said they were. Savers across both regions showed a distinct lack of confidence in the amount they had saved for a desired lifestyle in retirement. Just 26% of UK respondents thought their DC savings were sufficient, compared to 31% of US savers. Engagement failure Hargreaves Lansdown ...