Retirement: Thousands of people not comfortable managing their own pension

iStock_000024336538_ExtraSmallFollowing the recent Budget, which proposed that millions of would-be pensioners will have unprecedented access to their pension, new research has shown that thousands of people are not comfortable with managing the risks this will involve. The survey from MGM Advantage, who provides a range of retirement income solutions, conducted after the Budget, revealed: 28% of over 55’s said they were not comfortable taking on the risk of managing their pension so that it provided a suitable income throughout their retirement In contrast ...