‘Pensions are boring’ – survey


A survey has found that only 45 per cent of people in Cornwall have a pension that will allow them to have a retirement they want.

It also found that 78%  think that pensions are boring, but of those 67% think that although pensions are boring, they serve an important purpose.

The findings come from Truro-based independent financial advisers (IFA), Worldwide Financial Planning, in a survey carried out ahead of an auto-enrolment seminar, which will take place this week (Wednesday, October 22).

Worldwide’s director, Neil Chamberlain, said: “What was good to find out is that, after we have actively promoted auto-enrolment for the last two years, 100 percent of respondents had heard of pension regulation.

“Of those, 55%  said their company has, or is about to, set up a scheme for their employees.

“It was also pleasing to know that 89% of people have got a pension.”

The auto-enrolment seminar has been organised by Worldwide, Stephens Scown solicitors, Lang Bennetts chartered accountants and Santander bank.

During the session, attendees will hear from Ian Digby, industry liaison manager at the Pensions Regulator.

Over 100 delegates have already booked to attend.

To book a place on the seminar please email Alison Norman at Lang Bennetts on alison.norman@lang-bennetts.co.uk.