A pension is a tax-efficient way to save for your retirement. You can
get tax relief on your contributions, and your pension pot grows
largely free of tax. It's a good idea to start putting money into
a private pension plan as early as possible in order to maximise your savings.
The State Pension is a regular payment from the government most people
can claim when they reach State Pension age. The amount you get depends on your National Insurance record.
The State Pension age is currently 66, but it's rising. It will increase to 67 between 2026 and 2028.
