Pensions engagement on the rise despite advice gap

Its 2024 Pensions Report found that more UK adults are taking steps to understand and manage their pension savings, with 75% of non-retired British adults now having at least one pension. However, only 13% of these individuals have received financial advice regarding their pensions in the last 12 months. Nearly one in five of all non-retired UK adults aged 55 and above are considering taking financial advice over the next 12 months (17%). Consideration of financial advice has increased for UK pension holders over the last few years. 13% are considering financial advice over the next 1...