48pc of Working Brits Have Never Reviewed Their Pension Plans

48pc of Working Brits Have Never Reviewed Their Pension Plans

33pc do not know where their pension is invested and 38pc select “default” option for pension scheme



Latest articles from Pensions

Adult children bank on retired parents

Although work and wages may have come to an end, the bank of Mum and Dad is expected to stay open, says Aviva.

Kids support recession hit parents to the tune of £16bn

Average amount children are giving to their parents is £8,250 says Scottish Widows

Less than 5pc are fully prepared for financial implications of approaching retirement

1.2 million people aged 55 and older ‘not at all prepared' for retirement, says MGM Advantage

Pensioners’ money worries make them ill

Yet more woes for pensioners as they are plagued by Money Sickness Syndrome, says AXA

Annuity transfer delays can cost pensioners £127 a week

Pressure on delays to transfer pension funds into an annuity is backed by Virgin Money

One in four face health shock in first five years of retirement

24pc of pensioners said their health had worsened in the first five years of retirement, says LV=

New retirees face “Psychological Hardship”

Over a quarter (27 per cent) of retirees found the transition from working life to retirement difficult, says Scottish Widows

Women neglect their pensions

Women over 50 need to re-engage with pensions and start saving again, according to Scottish Widows

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