I'm a money expert - how to boost your savings by thousands of pounds in MINUTES

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I'm a money expert - how to boost your savings by thousands of pounds in MINUTES
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  • 📰 TheSun
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  • 2 min. at publisher
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'I'm a money expert - how to boost your savings by thousands of pounds in MINUTES'

"We've all got that drawer of shame in the"You should have one statement per year from each of your providers."Failing that, you can get a piece of paper and pen, write down the jobs you had and you can go on the, put your employer in and it tells you who your pension is with.

Once you've done this, you can download a letter on the government's pension tracing service website asking for a copy of your pension pot from each provider. Your employer has to contribute a minimum amount as well, and the employee's contribution, usually 5%, includesSamantha said even though it could be tempting to opt out of yours for more money in the short-term, doing so would be a bad idea in the long-term.

"In terms of building up the value of a pot, it’s a lot more cost-effective and easier to build up significant amounts of money rather than if you took out a pension yourself."

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