Providers

Having made the pensions world so complicated by offering so many choices (and more, unfortunately, are on the way) the Government is at least providing plenty of help through the maze. The official Financial Services Authority is a good place to go for more information and advice. Its www.moneymadeclear.fsa.gov.uk website has decision trees, calculators, provider guides and useful links that can help you get the right pension. Whatever you do, the final lesson is that the longer you delay, the harder it is to get a decent retirement option.



Scottish Widows says someone who starts a pension at 30 stands to collect 41 per cent more when they retire than someone who starts at 35, even if they pay in the same monthly amounts. Take a look at its Cost of Delay calculator at www.scottishwidows.co.uk for more proof that the sooner you get to grips with pensions the better.