There are only a few weeks to go until the end of the current tax year, however, there is still time to turbo charge your pension contribution and potentially make a huge difference to your retirement, according to a senior pensions and retirement analyst at Hargreaves Lansdown.
Helen Morrissey explained that one potential quick win is to make sure you are making the most of your employer contribution. While many employers contribute at auto-enrolment minimums, there are others who will offer an employer match - this is where they will match your increased contribution up to a certain level.
Over time this can give your pension planning a significant boost so it’s well worth investigating if your employer offers it.
