We need to work together to tackle pension overconfidence

Getting clients to truly engage with their pensions has long been a challenge for financial advisers. For many, pensions are out of sight and out of mind, overshadowed by more immediate financial concerns like mortgage repayments, rising living costs, or even saving for a holiday. But that lack of engagement can lead to a critical gap in understanding, particularly when it comes to the level of savings actually required for a comfortable retirement. Clients may assume they're on the right track simply because they're paying into a pension. They trust their contributions to their work...