The first thing you need to know is what type of pension savings you have, apart from your state pension . There are two types: defined benefit (or final salary in layman’s terms) or defined contribution.
State pension age? You may be making a common mistake and missing out
State pension warning: Claimants lose out if they don’t work 35 years Defined contribution pension These are workplace and private pensions where the total amount of money in your pension pot is based on the contributions made by you, and often by your employer, and how muchinvestment […]
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