Andrew Megson: Why aren't people engaging with their pensions?

The financial consequences of the Covid-19 pandemic have arguably been just as widely reported as they have widespread. Throughout the crisis, news outlets and financial commentators have covered these economic repercussions at length, and for good reason. Indeed, many have faced furlough and even redundancy, with the UK's unemployment rate sitting at a staggering 5.1% in the final three months of 2020 - an increase of 1.3% on 2019. Consequently, many individuals have seen their income drastically reduced. One would expect that, given the circumstances, more Britons would be thinki...