A worrying lack of interest in long-term
savings products such as
pensions has been exposed in Britons.
Research conducted by
Standard Life found that just 46 per cent of consumers
care about their pension.
Meanwhile, 23 per cent of those with a
pension said they didn't care about the
savings they had made for their
retirement and 32 per cent revealed they had little idea of how
much they actually had invested.
With the study also finding that men care for their
cars and women for their
jewellery more than they do their pensions, Mark Polson, head
of customer management at Standard Life, called for a reassessment
of the way Britons view their
finances .
Our car and the jewellery we have at home are some of the
most important
assets we possess. However, these assets are often less
valuable than those that aim to secure our financial future,
he commented.
By taking an active interest in your finances, such as
investing in
long term savings products and staying engaged, your money can
work harder for your future. It's time to reality check our
attitudes to saving.
A recent poll conducted by
Aviva found 47 per cent of parents believe their children
should make
investing in a pension a priority.