Most DC savers have no clue how to use pension pot

Stephanie Baxter
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The majority of defined contribution (DC) savers do not know how they will use their pension pot and only have a vague idea when they will retire, according to research.

A survey of 1000 savers aged over 40 commissioned by AllianceBernstein and analysed by the Pensions Policy Institute (PPI) also found that pensions were likely to remain an important source of inco...

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