UK - The Pre-Retirement Association has launched a website aimed at educating the public about money and financial management.
The site – www.learnaboutmoney.org – has been set up over concerns that employers and the state continue to pass the responsibility for retirement provision to individuals and due to the low level of financial education among the public.
PRA chairman Peter Brew said: “We have heard a lot of rhetoric from many people about the need for financial education but little has been done.”
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point