How much is enough on pension contributions? Pembroke Financial IFA's

How much is enough on pension contributions?

Pension contributions rose in April for many people, but the increase may still not be enough to fund a comfortable retirement. The latest round of pre-planned increases to minimum contribution rates under Automatic Enrolment (AE) Workplace Pensions took effect back in April. So, if you are one of the 10 million people who have been automatically enrolled, then broadly speaking, provided your yearly earnings are at least £10,000….