Pension warning: Being made redundant? Brits urged 'don't neglect' retirement savings

PENSION contributions may well come in last on the list of financial priorities for those being made redundant, however a warning to those in this position has been issued.

It comes on the same day that due to the coronavirus pandemic, the UK has fallen into a recession - for the first time in more than 11 years. Between April and June, the UK economy contracted by a record 20.4 percent compared to the first three months of the year.

Commenting on the news, Maike Currie, investment director, Workplace Investing, Fidelity International, said: “Today’s news that the UK fell into recession in the second quarter of 2020 [comes] after the ONS...
source: Express

2020-08-13 00:38
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