Lack of support from providers blamed for pension woes

PensionBee finds the majority of savers lack pension confidence

Hope William-Smith
clock • 1 min read
PensionBee chief executive Romi Savova
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PensionBee chief executive Romi Savova

Pension providers play a major part in savers’ lack of confidence in pensions and retirement prospects, in particular their failure to provide support, PensionBee research shows.

Only 39% of respondents surveyed by the online pension provider felt confident about their retirement savings, while 42% said they were put off engaging with their pensions because of the complexit...

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