Pensions – Articles – 77 percent not confident on how to access their pension

Nearly two fifths feel they should have sought advice or guidance before taking pension. Standard Life shares a guide to accessing your pension money. Confidence among UK adults around navigating how to access pension savings is staggeringly low, new research from Standard Life, part of Phoenix Group, shows.

According to Standard Life’s Retirement Voice study1, conducted among 6,000 UK adults, less than a quarter (23%) feel confident about how they will access their retirement finances.

The research also highlights that more information around options at retirement would help people make confident decisions, as nearly two fifths […]

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