Switch DIY pension provider and save £22,800 before retirement, Which? reveals
July 24, 2021, 12:04 am
Pension savers could potentially tuck away more than £20,000 in the run-up to retirement simply by switching DIY providers, according to Which? (PA)
Pension savers could potentially save more than £20,000 in the run-up to retirement simply by switching “DIY” providers, Which? has found.
Self-invested personal pensions (Sipps) have become a popular way for savers to build and manage their own retirement pot of shares, funds, investment trusts and other assets, often at a cheaper price than traditional pension providers, according to the consumer group.
But Which? warned that savers need to have the time and confidence to build and manage their own investment portfolio.