Young people and millennials are confused about pensions and about how they will pay for a decent standard of living when they retire.
In February 2018, the Chartered Institute for Securities and Investments published a survey which found that 10% of 18-24yr old employees did not “know what a pension was or how it worked”, as reported in People Management magazine. A quarter of respondents believed that their living standards would actually improve during retirement as opposed to just 8% of the wider working population.
Another survey by the Institute found that 36% of employees did not know that they […]
Full Post at www.cashlady.com