In Brief: Dont abandon pension contributions as prices rise
Tuesday, 10 January 2023
Savers could miss out on thousands of pounds in retirement
As the cost of living continues to soar, with inflation reaching a 40-year high, the impact on household finances is taking its toll. But it is essential to try to maintain a savings habit even in the current climate. The impact of any breaks in pension contributions could mean savers miss out on thousands of pounds in future that will mean less income during retirement.
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