UK. Covid fails to inject interest in pensions
The pandemic has failed to spark interest in pensions according to a survey from Canada Life.
It reveals that 67% of UK adults have not logged into their pension online in a year.
This figure rises to 78% for those aged over 55 while 56% of adults said they haven’t received a pension statement that they read.
The research also shows that 16% of those who have not logged into their pension were not interested in doing this.
Fifteen percent admitted they did not know how to access their pension online and 9% find it too complicated.
This lack of engagement with pensions contradicts the finding that 7 in 10 UK adults have paid closer attention to their finances in the last year.
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