More than a quarter (28%) of those leaving Financial Planning to their partner said they have lost track of their pension when surveyed by investment firm Hargreaves Lansdown.
Sarah Coles, personal finance analyst at Hargreaves Lansdown, said that by leaving Financial Planning to their partner, these 17% of women could be in for a nasty surprise at retirement.
She added that this could also cause additional problems should a couple divorce as the less involved partner may have no idea of the balance of pensions wealth in the relationship and dividing it fairly.
She said: “There are some jobs we find ourselves handing over to our partner, because they’re more interested or because we can’t face it. But while it doesn’t matter who takes the bins out or is responsible for hoovering, if we’re passing over long term Financial Planning to our partner, this comes with serious risks.”
Opinium surveyed 2,000 people for Hargreaves Lansdown in April.
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