Saving for Retirement

And saving for retirement?

Insurance companies can also help you put money aside for retirement. The basic state pension will only provided limited income. So if you want to be better off, you need to save now.  

It is essential to choose the right pension for you and to make sure you are saving enough money to meet your plans. There is plenty of information to help you make the right decision including a Government website which gives general, impartial information about pensions. The Financial Services Authority (FSA) is an independent body also provides a number of helpful guides for consumers. Its consumer help area has Decision Trees which spells-out your pension options.

If you want to find out how much you need to save for a comfortable retirement or learn how much pension your existing contributions are likely to produce, have a look at one of our members' Pension Calculators. It is a simple way of showing you how much regular payments into a pension now will provide in income when you retire.