Image for Report shows gap in financial knowledge A gap in financial knowledge could impact the retirement savings of a huge number of people, according to a new report from MetLife UK.
The report, Guaranteeing Real Pension Freedom, showed nearly half (45%) of over-40s are concerned that a lack of guaranteed income choices is driving people to take risks with their money.
It also found one in five retirement savers (20%) don’t fully understand the choices they face, which would help them receive the level of retirement income guarantee they are looking for.The report suggests the Government’s plan to launch […]
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