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Take steps to get your pension on track

If you haven't got round to thinking about your pension yet, or perhaps not saved as much as you hoped, you're in the right place.

Time to look after future you

Whether your retirement is a way off, or just around the corner, there are things you can do to whip your pension into better shape. Here are some practical pointers for you to mull over.

1. Max out your pension contributions

Think about making the most of your contributions. Even adding 1% extra can make a big difference, especially if you've got time on your side. It might be that your employer will add more. Or, perhaps you can afford to put a little extra in yourself. You should also check if you're claiming tax relief. All of which will help boost your pension savings.

Just remember, you can't normally access your pension savings until age 55 (this is due to change to 57 from 2028).

Learn about maximising your pension contributions

Want to increase your pension contributions?

No problem, simply get in touch with your employer or your usual pension contact. To make a one-off contribution, simply call us on 0800 3 68 68 68. Our lines are open Monday to Friday, 8am to 6pm.

2. Make managing your pension easier with PlanViewer

Who doesn't like a good life hack? PlanViewer makes it easier to keep on top of your pension - from understanding how your investments are performing to checking your selected retirement age and keeping your contact details up to date.

Download the PlanViewer app or log in to the PlanViewer website.

3. Take control of your finances

Even for the most budget-conscious, it's not always easy trying to balance your everyday expenses with saving for your future. And when times are tough, it might feel like the simple solution is to reduce your pension contributions. But sacrificing paying into your pension - even temporarily - could have a real impact on your retirement in the future. Especially when there's so much you can do to take control of your finances - like budgeting or tackling debt.

Want to know what you can do to improve your own financial wellness?

Test how healthy your finances are.

4. Think about bringing your pensions together

Many of us collect a number of workplace pensions over the years. Bringing them together into one place could make things easier to manage.

What you need to know when thinking about moving pensions.

5. Lean on the support that's out there

If you're over 50, the Government’s Pension Wise service offers free, impartial guidance to help you understand your options at retirement. You can access the guidance online at moneyhelper.org.uk or over the telephone on 0800 011 3797.

Learn more about Pension Wise

You can also speak to an authorised financial adviser.

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Need a pension checklist? Tick.

If you like crossing things off your pension 'to do' list, help is at hand. Our handy checklist will tell you what you can do today that will benefit you in the future.

Use our pension checklist