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Searching for: topic is "Mis-selling - Stakeholder"

Surveys listed in reverse order of publication date

Results 1-3 of 3.

Liberata finds 80% are “Pensions Illiterate”
80% Fail “Pensions Literacy” Test
Liberata Financial Services
Jul 2005 United Kingdom Savings, Mis-selling - Stakeholder, Advisers

Liberata Financial Services has warned the pensions industry that it needs to communicate more clearly with policyholders. In a "Pensions Literacy" test conducted amongst a random selection of personal pension holders, 80 per cent failed to answer two thirds of the questions and 60 per cent were unable to answer a single question.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jul 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

33300472   Click here to contact the authors.
 
Stakeholder pensions are a lottery for members
New research from the Pensions Institute
Pensions Institute
Feb 2005 United Kingdom Stakeholder, Savings, Mis-selling - Stakeholder, Industry Bodies (excl. Regulatory Bodies)
Individuals who join a stakeholder pension scheme and accept the default investment choice have entered a "lottery" in terms of their prospective retirement income, a new study by the Pensions Institute has found.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Feb 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

AA28813F   Click here to contact the authors.
 
70% believe education is more important than regulation for reducing misselling
Survey of financial advisers dealing with misselling claims
Huntswood
Nov 2003 United Kingdom Mis-selling - Stakeholder, Mis-selling - Personal Pensions, Mis-selling - FSAVCs
According to this research, 70% of financial services compliance experts believe consumer education is more important than tighter regulation when it comes to reducing misselling. The survey of 134 financial advisers dealing with misselling claims also reveals that 91% believe educating children in the basics of personal finance should be made compulsory in schools.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Nov 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

391797B1   Click here to contact the authors.
 

Results 1-3 of 3.