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Thursday, May 31, 2012

9 out of 10 Do Not Know Where Their Pension Contributions Are Invested

  • 9 out of 10 DC investors do not know where their contributions are invested

23 May 2012
According to research1 from Standard Life2, 9 out of 10 Defined Contribution (DC) pension investors (88%) cannot name or do not know all of the funds their pension contributions are invested in. However, almost half (49%) still said they felt their investments reflected their attitude to risk.
The research also found that three quarters (74%) of DC pension investors aged 25-54 say they have a low to medium attitude to risk in relation to their investments. More Information

Source: www. 

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