Pension Savings

We all hope to earn a good level of income through our working lives but at some point in the future we will start to wind down and ultimately retire completely. Ideally we would want to continue to enjoy a relatively good standard of living but we need to remember retirement is the longest holiday of our lives.

There are a number of ways of replacing earned income the most obvious being the state pension. Do you know what you what amount you will receive in state pension and at what age? Have you requested a state Pension forecast?

One way of making provision is to make long term savings into a personal pension plan and this method has a number of appealing benefits: