Nutmeg responds to new retirement living standards from Pensions and Lifetime Savings Association data

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Lisa Caplan, head of financial advice, Nutmeg, said: “Putting money aside now for your life after work might not be the first thing that springs to mind, especially for younger investors. But, unlike many things, pensions typically get better with age – the earlier you start, the bigger the pot. So, make sure you maximise the time advantage.

“Good guidance or advice can help people get a clearer picture of their retirement plans – whether it’s trying financial planning tools to help you manage your finances or checking out a pension calculator to see if you are on track. Often, people we speak to through our advice service want the reassurance of knowing that they are on track, or want to know before it’s too late, that they may need to make adjustments.”

 

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