According to a report in today’s Daily Mail, “Millions of workers could be sleepwalking into a poverty-stricken retirement because they are not paying enough into their pensions.”
The newspaper report goes on to suggest that, “average contributions to company retirement schemes have almost halved in a year… employees are putting aside a ‘completely inadequate’ amount.” These are clearly very worrying statistics, which unless addressed, could have big implications for an individuals’ retirement plans.
As Chartered Financial Planners, The Financial Planning Group work with our clients in an ongoing relationship, to ensure their retirement aspirations are kept on track — if you would like to speak to us about your own financial situation or retirement planning options, please call us on 0800 731 7614 or by e-mail at email@example.com and we’d be delighted to help.
The full Daily Mail article can be read here. http://www.dailymail.co.uk/news/article-3248297/Millions-left-dark-meagre-pensions-Workers-aren-t-saving-retirement-experts-warn.html