Some extra advantages of pension saving
Pensions are one of the most tax-efficient ways of saving for retirement. What this means in practice is that if you work in the UK, the government will give you tax relief on your savings, which
will be added to your pension pot. And you may have the option to take a tax-free lump sum when you retire.
Find out more about Tax Relief on pension saving
If you are a UK-based worker your employer may add extra money to your pension pot, on top of what you put in yourself. This is more likely since the Government introduced new worker pension rights in 2012.
Find out more about pensions reform and the new Automatic Enrolment legislation