Confidence Counter

One year since the Government’s pension freedom reforms were introduced, research found almost one in three working over-60s had no idea about the pension reforms.

A further 39 per cent admitted they did not know the value of their pension pot, which increased to 50 per cent for women.

The research by Sanlam UK also found that three quarters of the over-60s working population believed the freedoms had not changed their financial plan for retirement.

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