What’s the best way to save and invest inside a pension plan? Pension savers benefit from generous tax breaks that automatically give their retirement funds a boost, but to really maximise your income later in life, you need to earn the best possible returns on your contributions. The pension freedom reforms of four years ago add another dimension to this debate. These days, the majority of savers tend not to buy an annuity paying a guaranteed regular income when they want to start cashing in their funds, at least initially, preferring instead to draw money directly from their savings. In which case, you’ll need to have suitable investments in place for this period of your life.

What’s the best way to save and invest inside a pension plan? Pension savers benefit from generous tax breaks that automatically give their retirement funds a boost, but to really maximise your income later in life, you need to earn the best possible returns on your contributions. The pension freedom reforms of four years ago add another dimension to this debate. These days, the majority of savers tend not to buy an annuity paying a guaranteed regular income when they want to start cashing in their funds, at least initially, preferring instead to draw money directly from their savings. In which case, you’ll need to have suitable investments in place for this period of your life.

Credit Marketviews