THE majority of people approaching retirement have not yet been contacted by their pension provider ahead of the new freedoms coming into force on Monday, research has found.
PwC surveyed more than 1,200 people aged between 50 and 75 years old last month and found that fewer than four in 10 had been contacted by their pension provider about the new retirement options available.
People with smaller pension pots were less likely to have been contacted.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
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We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
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