The government should be providing a low-cost service to manage your retirement fundsThis week millions of workers will be forced to save more into a pension,as “auto-enrolment” takes a 3% lop from pay packets, and employers are obliged to chip in a further 2% of salary. Next year it will rise to a total of 8%. It’s not a lot, or but it’s a start.
Now comes the much bigger challenge: making the money you save last two,and possibly three, decades of retirement.
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Source: guardian.co.uk