Savings and Pensions

Savings and Pensions

If you can save regularly, you will find that your money can quickly grow as long as you don’t keep dipping in!
When you have something to save for (holiday, car etc.) it’s easier to commit to it. The easiest way to get the savings habit is to set up regular payments so that you can automatically add to your savings. That way you won’t forget to make the payment.

SAVINGS CALCULATOR

Use this calculator to work out how long it might take to reach your savings goals
The Money Advice Service

SAVINGS PERSONALITY QUIZ

Finding it difficult to save? Try this Savings Personality quiz to see if you can pick up any tips.*
Santander

*Not a promotion of this bank, other banks are available
TYPES OF SAVINGS

Use this link to learn of the many different savings accounts available and who they are best suited for
The Money Advice Service

PENSIONS

Pensions can seem complicated but it’s simply a long term savings account with tax relief benefits for when you are no longer working.

Once you’ve decided to start saving for retirement, you need to choose how you’re going to do it. Here are some links that describe the various types of pensions available, what the benefits of each are and where to get help if you need additional information or advice.

The Money Advice Service
The Money Advice Service
Pensionwise
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Stewart Ivory Financial Education Trust is a charity providing financial education to senior school pupils and as such does not endorse or recommend any products, processes or services that may appear on this page/site.