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MoneyTalk highlights - Pension saving

MoneyTalk tells you what you need to know to manage your investments better.

In this clip Ed Monk explains how making small changes to your pension contributions now can make a big difference later.

Transcript - Pension saving

Important information

The value of investments and the income from them can go down as well as up, so you may not get back what you invest. If you invest in a pension there is no capital gains tax on growth and no income tax on interest. The value of tax savings and eligibility to invest in a pension depends on personal circumstances. All tax rules may change in future. With pension products you will not be able to withdraw your money until you reach age 55.