Pension Freedom money is increasingly being invested in bricks and mortar - the most popular place to invest for people taking out money from their pension.
The pension reforms and the rise in life expectancy are fuelling demand for financial advice during retirement, according to research among financial advisers.
A survey of 2000 consumers has revealed that 89% do not consider saving for retirement a priority. The survey also estimates that 15m people are not saving at all.
Most Britons have little or no grasp of the raft of pension changes announced this year, according to a survey by chartered accounts HW Fisher & Company.
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