Clearing up pension confusion

Reader's Digest Editors 30 November -0001

Choosing the right pension can be a minefield. Frequent changes in legislation; the bewildering array of products available; the prevalence of fraudsters; the inherent complexity of the subject - navigating your way to pension security can often seem overwhelming and confusing.


The impact of making a poorly informed decision when choosing a pension can be significant; a bad choice made during the selection process can have knock-on effects years later, leaving you significantly out of pocket at a time when you can least afford it.

It is startling then that, according to YouGov statistics, almost three-quarters (72%) of adults in the UK have never taken pensions advice from a qualified professional. On top of this, 40% are unaware of how many pension pots they currently have an investment in, and 73% don’t know how much their pension assets are worth.

The confusion isn’t limited to just the consumer. Even those responsible for the legislation often find pensions unnecessarily complicated; a recent poll found that 39% of MPs believe the current pension system is not fit for purpose.

Crucially though, help is at hand. Reader’s Digest has partnered with Flying Colours to offer the informed, up-to-date advice and guidance necessary to making the pensions process less daunting, less confusing and - most importantly of all - more financially beneficial to you.

So visit our website, where we clear up the confusion and help you decide which option is best for you so you are then able to access the appropriate guidance and arrange a free, no obligations consultation with one of our advisors.

Reader’s Digest have partnered with trusted pension and investment experts Flying Colours to provide you with the guidance you need to identify which option is best for you and help you plan successfully for retirement or make the best choices once you get there.

You can also call our pension experts on 0333 241 9919. We’ll only ever recommend the best pension investment approach to suit your circumstances at the best possible cost and we offer a no cost, no obligation exploratory meeting and at a venue convenient to you, including your own home.