UK Investment Guides Loader

Brits don’t understand the pensions system, shows new research

pensions system

More than a quarter of British adults do not understand the UK pensions system, according to new research from Close Brothers Asset Management.

Research carried out by YouGov looks to highlight the impact that government changes have on UK consumer’s understanding of their pension options. Following the radical changes brought about by pension freedoms, and the recent changes to the state pension age, more than a quarter say that they find changes in legislation in the UK pension system confusing.

A further 29% admit that they find the range of products available confusing, the most popular response.




Risk Warning:

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

You can tell friends this post!