In future years, the State will have great difficulty in maintaining the present level of State Pension payments.

Could you even survive on the present level of State Pension given it’s a relatively small sum?

If you don’t think you could live on the State Pension and you haven’t started making provisions yet, you should do so now.

The Government actively encourages you to contribute to a pension by giving you tax relief on your contributions at your marginal tax rate, investment growth is tax free and there are further tax benefits on retirement. advisors will tell you how much you need to contribute and then guide you through the complexities of available pension options.