Western Daily Press (Saturday)
POUND NOTES
Grime artist and TV cook Big Zuu is fronting a new pensions industry campaign encouraging people to pay attention to their later life savings.
Eight in 10 employees in the UK have a workplace pension, yet many say they do not know how to find information about these savings.
The Pension Attention campaign (pensionattention.co. uk) urges people to ensure they know where their money for the future is, and helps them understand how they can keep track of it.
Big Zuu says: “Grime and pensions have never been mentioned in the same sentence before, I’ll tell you that for free. It sounds heavy but this matters to everyone – it’s time to pay your pension some attention. I have mates who are putting off thinking about the future, it’s hard with everything going on right now. But a bit of time spent on understanding pensions will help a lot in the future.
“If you get the right information and take the right steps, understanding your pension is really simple and it benefits you at the end of the day. It’s your money to take care of yourself in the future – that deserves some attention.”
The campaign offers these tips:
1. Make the connection
Those jobs you had in the past – did you make pension payments? Check payslips and look for old pension statements to find out where your pots are.
2. Think about your future intentions Check out what could be coming your way when you stop working by using the pension calculator at pensionattention. co.uk
3. It is alright for you to ask questions There is plenty of clear information available via your employers, your pension providers or from the free and impartial service, moneyhelper. org.uk