Top tips for keeping your pension savings on track

Pensions can often be a topic that people don’t think about much, or feel the importance to take time to research.

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Lisa Picardo, chief business officer for PensionBee in the UK - where they help customers to consolidate pensions, contribute and withdraw with ease - says that it is ‘never too late to get on top of your pensions’.

“People do engage with their pensions at different points and for different reasons,” Picardo says. “It’s always a great idea to engage with your pension, because taking those proactive steps to consolidate and to engage now typically will lead to better retirement outcomes.”

As the idea of pensions often go to the back burner of people’s minds, there may be some common and simple mistakes being made that could effect their future. We spoke with pension and finance experts to explain what some of these may be.

Losing track of your hard earned pension costs