Press Release Summary = A recent survey has revealed that although many people are concerned that the state pension will not provide enough money for their retirement, they are unsure of the alternatives.
Press Release Body = A recent survey carried out by Stakeholder-Pensions.org.uk revealed that although many people are concerned that the state pension will not provide enough money for their retirement, they are unsure of the alternatives.
The survey showed that the majority of those questioned (87%) had heard of stakeholder pensions. However, a significant proportion of these people (46%) were unsure about what a stakeholder pension actually is.
In the wake of the pension crisis these findings are extremely worrying. Drastic measures are currently being discussed in Whitehall because the government has woken up to the fact that the basic state pension is inadequate.
Stakeholder pensions were introduced by the government in 2001 for this reason. They were designed to give people a second pension in addition to the basic state pension.
The fact that so many people are confused about what stakeholder pensions actually are will be very worrying for the government.
Stakeholder-Pensions.org.uk is an independent organisation that specialises in offering people up to date and easy to understand information about stakeholder pensions. It also invites its website visitors to have a free consultation with an impartial expert.
A spokesperson for the website said,
"It is very worrying that so many people do not understand the benefits offered by stakeholder pensions. Our aim is to explain these benefits to them and clear up any confusion that they might have."
Web Site = http://www.stakeholder-pensions.org.uk/
Contact Details = Unit 144, 78 Marylebone High Street London NW1 4QB
2012
