More than half (54%) of workers do not know the size of their pension pots, according to research by the Pensions and Lifetime Savings Association (PLSA).
The trade association's research revealed women were more likely (60%) to be unsure of the size of their pension pot, or pots, compared to 49% of men. The survey - which questioned 2,000 workers - also revealed more than half (56%) were concerned about how much they had to live on in retirement, while 41% felt they should be saving more. Workers aged 55 and under were more likely to not know their pension pot size, with 54% of 18 to 34 year olds unaware and 57% of 33 to 54 year olds. However, the PLSA found nearly half (48%) of workers aged 55 and above were unaware of the size of ...
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