Gareth Shaw, Which? Money expert said: “That such a high number of people in middle-age have not properly considered how they will manage in retirement should be cause for concern. “The current complex pensions system is leading to disengagement, leaving consumers vulnerable through the real lack of information, support and tools needed to empower consumers [...]
Gareth Shaw, Which? Money Expert said: “The Government quickly needs to set out how it will introduce the pensions dashboard so that it genuinely helps consumers to see all information they need on all their pensions in one place. “It should be compulsory for all pension schemes to feed information to the dashboard so there is a comprehensive and easy-to-use system for people [...]
Vickie Sheriff, Director of Campaigns and Communications, Which? said: “The decision to cancel these plans will be disappointing for those who wanted to take advantage of the new pension freedoms. However Which? raised concerns that some people may not get a good deal, so it would have been wrong to move forward without assurances that [...]