Study finds accountants unclear on pensions
A study by a fund manager finds that accountants and other professionals know less about pensions than they should
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.