How much should you pay into a pension?
How much do I need to pay into my pension? Everyone knows they need to save for retirement, but the big question is “How much should you pay into your pension?” I have come across many different formulas for the calculation. Some are quite good; others are seriously flawed. Let us see if we can […]
Lump sum vs regular pension contributions; which is better?
Lump sum vs regular pension contributions Pension plans are one of the best ways to save for the long term. For starters, you get pension tax relief on your contributions. This means that you get a top up from the government, so it effectively costs you less to save more. In addition to that, your […]