New research from Hargreaves Lansdown reveals that 19% of people are unaware of their pension contributions, rising to one-third among over-55s. With retirement costs increasing, understanding one’s financial needs is crucial. Employers automatically contribute 3% to a pension scheme, and increasing personal contributions can lead to significant growth over time. Considerations such as salary sacrifice arrangements and the impact of pension changes should be factored in when assessing pension contributions.
Full Article
Trump nominates ex-Florida attorney-general Bondi after Gaetz exit
President-elect Donald Trump nominated Pam Bondi as attorney-general following Matt Gaetz's withdrawal from consideration. Trump stated that the Department of Justice has been weaponized against Republicans and that Bondi will refocus it on fighting crime. He described Bondi as smart, tough, and an advocate for America First, believing she will do an excellent job as Attorney General. Full Article
Read more