A study by fund manager Baillie Cooper has found that professionals in accountancy, law and architecture know as little about pensions as the layman.
In a poll of 300 professionals, 65% were either over-optimistic about the savings their pensions would achieve or totally ignorant of the issue.
The Times reported that 62% of those polled were only vaguely aware of Gordon Brown’s new pension rules – less than a year before they were set to come into effect.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel