In this, the third of our short pension explainers, Nishma Waite, Chartered Financial Planner at Fidelius, talks to Rest Less Money Editor Melanie Wright about how much we should be saving for retirement, and some of the ways we might be able to boost the amount we put into our pensions.
If you’re 50 or over and have a defined contribution pension, you can get free guidance on the options available to you from the Government’s Pension Wise service. However, if you want personal recommendations or advice about your specific circumstances, you’ll need to seek help from an advisor.
If you’re considering seeking professional financial advice on the options available to you, we’ve partnered with nationwide independent advice firm Fidelius to offer Rest Less members a free initial consultation with a qualified financial advisor. There’s no obligation, however if the adviser feels you’d benefit from paid financial advice, they’ll talk you through how that works and the charges involved.
Fidelius are rated 4.7 out of 5 from over 1,500 reviews on VouchedFor, the review site for financial advisors.
If you’re looking for some more detailed information on how much you should be saving towards retirement, we’ve got lots of articles to help. Here are a few you might be interested in:
Please note that the views and opinions expressed in this video do not constitute financial advice.