Express has teamed up with investment experts AJ Bell to answer your burning pension questions and help you take control of your retirement. Whether you're worried about having enough to live on or confused by rules and tax traps, the experts are here to help.
Key Statistics Highlight Pension Confusion
Research from Standard Life reveals that nearly half of UK adults (47%) have no idea how much money is in their pension. The Money and Pensions Service (MaPS) reports that 10.7 million adults are too confused or busy to think about retirement, while 22.5 million do not understand pensions well enough to make crucial decisions. Half of Brits (50%) have no plan for their finances in later life.
What You Can Ask
Questions can cover tax traps, state pensions, hidden fees, consolidation, lump sums, annuities, drawdown, and self-employment planning. Financial experts stress that you have more control over your nest egg than you think.
How to Submit Your Questions
Leave your questions in the comments by 5pm on Wednesday, July 29. Answers will be available to Premium subscribers at 5pm on Wednesday, August 5.
