Mistrust of Pensions Continues to Deepen

Credit ManagementNbr. 6/2006, June 2006

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Summary


More than two thirds of Britons are no longer relying on their pension to finance their future, a new report reveals. The lack of faith in private pension funds means that many people are looking to alternative ways to invest their money for their retirement -- yet they lack the confidence and know-how to make informed decisions. The Turner Report recommends compulsory pension contributions but Mintel research finds that over half of British adults do not believe that people should be forced to pay money into a pension.

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Mistrust of Pensions Continues to Deepen

More than two thirds of Britons are no longer relying on their pension to finance their future, a new report reveals.

Over a qu...

See the full content of this document

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