26/03/2026
💡 Do you know about these 3 useful tips that can help you get the most from your pension?
1️⃣ Make the most of the annual allowance
The annual allowance for the tax year 2025/26 is £60,000. This is the maximum amount that can be contributed to any pension scheme with the benefit of tax relief. You may not hit this cap, but you can add up to this amount with the added benefit of tax relief.
2️⃣ Ask your employer is they'll match contributions
By law, a minimum contribution of 8% of your salary should be contributed to your pension each month. This is made up of 4% from you, 3% from your employer and 1% tax relief from the government.
However, some employers offer to match or exceed contributions their employees make, so you can ask your HR team if this is what happens where you work.
3️⃣ Take the opportunity to check your pension forecast
It's always a good idea to check what you might have saved for when you come to retirement. You can calculate what you could have from both your State Pension and workplace pension.
❓Let us know in the comments if you have any questions about your pension.
