Many consumers are not well-informed on decisions they make about their income in retirement and are baffled by many aspects of the process, according to a report by the Financial Conduct Authority (FCA).
The report Understanding the financial lives of UK adults pointed to some alarming data on how uninformed and baffling many consumers find pensions. It found 3% of all UK adults did not know if they...
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After 14-month FAS programme
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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