Friday April 3, 2020

Money Matters: Time to review the head-in-the-sand approach to pensions

There's a gap between expectation and reality when it comes to retirement goals, writes Emma Kennedy

5th September, 2016
Given the size of typical pension pots, experts say theres little question that some people face a longer working life

The statistics show I’m not alone in my somewhat ‘head-in-the-sand’ approach to financing my retirement.

Roughly half the working population have a private pension, with the other half set to rely on the state pension in retirement. And who knows what the state pension will look like in the future?

Plus, many of those who have a pension don’t have an adequate one. There’s a gap between expectation and reality, with...

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