8 Pension pitfalls to avoid

Pensions are a hot topic at the moment, as we write a number of unions are threatening strike action and bodies as varied as the Office for National Statistics (ONS) and Scottish Widows have produced surveys showing how the membership of private pensions is dwindling. Despite these reports and the general apathy towards pensions, they form a central part of many people’s retirement plans. We thought we would take a look at some of the pension pitfalls to avoid when planning for your retirement. 1. Do you really need a SIPP? Many a dinner party conversation has been dominated by house prices and how ...