Pension Pot Raiders Fail To Plan For Future

More than half of those who have raided their retirement savings under pension freedoms have no plan for how to pay for their future care, according to new figures. A survey by Citizens Advice found just 16% had budgeted for care costs as they grow older while 60% had no plan and a further 23% had given some thought to meeting these expenses - for example by remortgaging or selling their homes. Citizens Advice called for local authorities to help make future costs clearer for people, possibly by