Four in five members of UK pension schemes do not know how to utilise savings pot for retirement, according to research by MFS Investment Management.
The MFS Global Retirement Income Survey found some 80% of UK defined contribution (DC) participants and 78% of retirees had little to no knowledge of converting retirement savings into monthly inco...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
