A break from the norm

Pensions by their very nature are not a standard investment. According to a recent survey1, the average UK citizen begins saving for their retirement when they are 28 years old. At that point, they are diligently putting away money that they won't see again for at least another 27 years. So by any standards, pensions are an investment where any rewards become apparent over the longer term. Partly because of this view, pension contributions are one of the first things to be cut when personal budgets are squeezed. This is particularly relevant now as we enter what many predict will be a ser...