One in four in the dark over size of pension pot

A study by Fidelity Worldwide Investment found that nearly 1 in 4 people (28%) do not know the size of their retirement pot while 42% have no idea how much income their current retirement savings could provide. The poll of more than 2,000 UK adults revealed that pre-retirees expect their retirement savings (around £13,972 a year) will fall far short of the actual £21,734 they believe they will need. It also found that almost two thirds (63%) of pre-retirees would like to achieve more than just basic living in retirement equating to £11,876 a year. Top of the list was a two week hol...