'Knowledge gap' leads retirement savers to unnecessary risk - MetLife

Research for Guaranteeing real pension freedom, available to download here, found nearly half (45%) of over-40s worry that a lack of guaranteed income choices are driving people to take risks with their money. Undertaken last summer, the study sampled 1,006 retired people, 1,141 employed people aged 40 or more and 107 specialist retirement advisers. The report covers four specific sections: "the storm" gathering around pension freedoms; the current status of drawdown options; the growing need to expand the retirement conversation to include guaranteed options; and the need for real chang...