Divert national insurance cut bonus to a UK pension, experts say

Many people will need the extra cash to help with bills and other essential costs or paying down debts. Photograph: stocknshares/Getty

The millions of workers who will get a bit more cash in their pay packet from this month have the perfect opportunity to increase their retirement savings before they get used to having the extra money, say experts.

Younger employees could eventually increase their retirement pots by more than £100,000 by diverting their monthly gain from the national insurance (NI) cut into their pension.