A fifth of people 'have no faith in state pensions'

Switch for the chance to WIN an amazing Amazon Echo Dot

Three of Amazon's most popular personal assistants to be won! (T&Cs apply)http://switch.ukpower.co.uk/black-friday-winter-bills-promo

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jan 2018 and 30 Jun 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £482 or more.

Around 20 per cent of people are losing confidence in the government's handling of their state pension, according to new research.

The study by YouGov, for Friends Provident, found that 87 per cent of people also feel that Westminster is failing to provide them with retirement savings that will help them in later life.

It was also found that 47 per cent of people are "actively saving" in a personal pension to avoid having to depend on a state retirement provision.

Jeremy Ward, head of pensions marketing at Friends Provident, said the findings showed how the public "lacks faith in the government when it comes to pensions".

"Many people want to see greater commitment to state pensions, with a larger and fairer state pension proving most popular," he added.

Recent research by Edward Jones found that 43 per cent of people in the UK have reduced the amount they are saving for retirement due to the rising cost of living.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more