RESEARCH

Young people that fail to save into a pension because of the Covid crisis could miss out on thousands in savings by retirement age

Young people that fail to save into a pension because of the Covid crisis could miss out on thousands in savings by retirement age

Purely Pensions, a specialist in pension advice, complex retirement planning and defined benefit transfer advice, has uncovered that many young people starting work in the wake of the crisis who may have chosen not to begin saving towards their pension, could miss out on tens of thousands in savings by the time they reach retirement age.