There are a complexity of rules governing the vast range of retirement planning options that are available to you. It is therefore important that once you have made the decision to fund for your retirement, that specialist and independent advice is sought in order to provide you with the most suitable retirement planning structure.
How much you should be saving will depend on your requirements at retirement. However, clients should not delay saving for their retirement. The earlier the contributions begin, the greater the investment value at retirement. This is not only due to the fact that more contributions can be made, but also due to the power of compounding.