More than a quarter (27 per cent) of British adults do not understand the UK pension system, according to new research from Close Brothers Asset Management.
From my experience as a Financial Adviser I would agree. A pension is a savings plan which is designed to provide for your retirement. The complexities of this I feel means people need good advice on how to save, how much to save, what product is best for them and also what to invest in. All your factors need to be taken into account when putting money aside for your retirement.
We have spent many years assisting and guiding our clients to retirement then through retirement. You too can benefit from our expertise and ensure your retirement plans are on track.
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