Don’t switch from ‘considerable flexibility’ defined benefit pension | Personal Finance | Finance

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“The figures in question here are staggering,” Michelle Gribbin, chief investment officer of Profile Pensions, said.

“To know the average person is losing out on a potentially life-changing £23,000-worth of retirement cash speaks volumes as to what needs to be done in terms of pension education.

“Looking at the reasons why this happens shows that life gets in the way sometimes, which is to be expected.

“That being said, if we can help employers provide more in the way of investment training, many will experience a more comfortable retirement.”





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