Lack of standardisation across pension illustration tools has resulted in a huge variation between likely values of retirement pots, according to research by Altus Consulting.
The firm is concerned this may confuse savers, especially with the incoming pension freedoms. Altus took an average person earning £29,360 with existing savings of £37,400 at age 42 with pension...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
