Simple tricks to boost your pension pot – ‘efficient way to save’ | Personal Finance | Finance

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“Whilst many pay the minimum five percent contribution to their pension when they’re automatically enrolled, savers could receive a better contribution by looking into their company’s policy.

“Indeed, some employers may either match contributions or provide a higher contribution than the minimum three percent, which will help contribute to the money people receive during their retirement.”

ISAs

Finally, ISAs could offer an alternative way of investing for the future, as they come with the benefit of tax relief.

“Saving money in one of these accounts offers flexibility and ensures that no income tax is paid on interest regardless of the tax rate you are on,” Mr Amesbury said.

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