UK - Six million people have seen the value of their personal pension funds shrink for the last 10 years, independent research group Moneyfacts claims.
The group said the average unit-linked pension, based on contributions of £100 a month for 10 years, was now worth £50 less than the £12,000 invested in it.
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders