UK consumers do not trust the government over the issue of pension provision, according to new research from Key Retirement Solutions.
The equity release provider says 41% of consumers believe the government should be responsible for ensuring people have good pensions provision to help them enjoy a comfortable retirement. But less than 1 in 5, only 17%, of consumers actually trust the government to help them make sufficient arrangements for retirement. The research also reveals almost a third of UK consumers (27%) only trust themselves to ensure they make adequate provision for retirement. After themselves, consumers trusted Independent Financial Advisers (22%), employers (18%) and pension providers (13%). Despite, thi...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes