One in five do not access pension information - ABI

Pensions 'blind spot'

Sophie King
clock • 2 min read

Almost one in five (19%) people do not access information about their pensions, research by the Association of British Insurers (ABI) and research consultancy Populus has found.

The industry body warned of a "pensions blindspot" which could leave people not getting the retirement they hoped for in later life. It also warned without improved access to pension information millions of pounds saved through auto-enrollment could end up dormant as people lose track of multiple pots over decades of work. The survey of 2,008 consumers found when people do access their pension information the methods varied according to age bracket. In the 18-34 age bracket, half (54%) preferred using a mobile phone banking app, 41% of 35-54-year olds preferred online banking and 5...

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