More than a quarter (27%) of savers aged 60 to 65 have no idea of the current value of their pension pots, according to research from LV=.
The survey of 1,070 people approaching retirement also found 8% had no retirement provision in place, while nearly 30% had pension savings of less than £10,000. Despite the findings, the average respondent...
Andy Tarrant says without government backing, the pensions dashboard cannot become the one-stop shop it's intended to be
'Not appropriate to comment'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.