Business & Economy

How a chat with ‘auntie’ helped a young worker bag free money in a UK pensions scheme

Source: Business | The Guardian · Published

How a chat with ‘auntie’ helped a young worker bag free money in a UK pensions scheme
Source: Business | The Guardian

Joining a company scheme at 18 seemed ‘too expensive’ for Rio until someone close put him right One 20-year-old’s financial future is looking brighter after his aunt convinced him to join his workplace pension and take advantage of the “free money” on offer. Rio started working a

Joining a company scheme at 18 seemed ‘too expensive’ for Rio until someone close put him right One 20-year-old’s financial future is looking brighter after his aunt convinced him to join his workplace pension and take advantage of the “free money” on offer. Rio started working at 18, too young to be “auto-enrolled” into his company’s pension scheme. He as given the option to join but had decided not to because he felt it was too expensive – but, fortunately for him, his “Auntie Susan” is a pensions expert at a leading retirement firm, and she soon put him right.

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