Savers ignoring pensions for stocks - Lincoln

They are risking their retirement income on the stock market, warned Lincoln, adding that the risk could be reduced by saving into recognised pension schemes that offer tax benefits, alongside some protection against market volatility. The research revealed that just over a quarter (26pc) of those aged 55 and over who invest in shares saw their investments as an alternative to their pension. A fifth (21pc) of those were considering increasing the money they have invested in the stock market, despite the recent volatility. Almost half (44pc) of those aged-55 plus invested in the stock ma...