UK pension savers remain uninformed about their funds

A financial consultant has criticized the UK pension industry for failing to inform savers about their pensions. He stated that 30 million people still do not know where their pensions are or how much they have saved, a situation unchanged since seven years ago. Richard Smith highlighted that many individuals feel anxious when trying to understand their pensions. He noted that both younger and older generations are not adequately engaged with their pension savings. Smith expressed hope that the upcoming pensions dashboard will improve awareness. This tool will allow users to view all their pensions in one place, with a deadline for registration set for October 31, 2026.