Why save into a pension?
Most people will receive the State Pension, getting an income after they reach pensionable age, but many soon find that it only provides a basic standard of living.
Investing in a pension scheme as early as possible can ensure that you will have enough to comfortably live on after you retire.
Saving into a pension scheme enables you to have control over your savings, and the money you put away also qualifies for tax relief. Additionally, you can access your pension at the age of 55, unlike the State Pension, where the age at which you can claim is steadily rising.
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