Keith Churchouse: Why time is running out for the name 'pension'

Auto-enrolment bubble

clock • 3 min read

More than 10 million in the UK are saving into an auto-enrolment pension scheme. Many will believe that they have ‘ticked' the pensions box and their retirement saving is under control. Invariably, this is going to be wrong, warns Keith Churchouse...

Many of you will know that I like to tinker with old cars and vehicles. I am not the best on the spanners, but I have some skill with various parts of a vehicle, particularly bodywork, electrics and for some strange reason, windscreens! Tangibility is the key point for me. You can create something from a piece of metal, or a tin of paint, that people can see and admire. Like some windscreens, it can be difficult on occasion to see through financial advice to see the real tangible advantage, and this has been a criticism and concern for some pension investors for years. It's only when tim...

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