Recognising the value of your pension
According to a recent report from the Office for National Statistics the number of millionaires in Britain has increased by a third as a result of increasing pension wealth. It is reported that since July 2016 3.5m households in the country now have total assets in excess of £1 million.
This highlights just how important an investment an individual’s pension has become. In many cases it may prove to be the biggest single investment an individual will make except for maybe their home.
