Study finds accountants unclear on pensions

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.

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