PENSION ATTENTION
It’s something that’s drummed into us as soon as we reach working age – start saving for your pension now.
But the idea of retiring always seems so far off – so what’s the point?
Don’t bury your head in the sand though, because if you do, you could find yourself in hot water when the time does come – and with a cost-of-living crisis on our hands, it’s more important than ever to understand our finances.
Sarah Cordey, pensions expert from the Association of British Insurers (ABI) answers some burning questions and explains why you need to pay attention…
How do pensions work?
A pension is simply a type of long-term savings account.
Unlike day-to-day savings, a
