22 May 2020
•
Image:
Jamie Smith: "In the current environment whereby savers are seeing their pension pots impacted by market volatility and record falls, it highlights that far more is needed to be done to educate savers.”
Two thirds (66%) of people grossly underestimate the value of their pension pots at retirement by close to £100,000, research by Foster Denovo has found.
The UK advice firm surveyed 2,000 people and found a severe disparity between consumer's confidence and the reality of what their pensions would be worth. According to the research, one third of consumers...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
