Pensions expert shares four steps for Britons to boost retirement savings in 2025

express.co.uk

A pensions expert has outlined four steps for Britons to improve their retirement savings as they prepare for 2025. Many people are stressed about their financial future, with a significant number feeling pressure to balance expenses and savings. The expert advises reviewing current finances, consolidating pension pots, and increasing contributions by 1% to enhance retirement savings. A key opportunity exists to make up for missing National Insurance contributions from 2006, as this will only be possible until April 2025. Regular financial check-ins are also recommended to track progress and adjust savings strategies. Tools like the Pensions Tracing Service and various pension calculators can help individuals manage their retirement planning effectively.


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