Pensions - Articles - Standard Life answers Cass Business School's pension advice


Standard Life response to Cass Business School's advice to delay pension contributions

 The Standard Life ‘Your Commitments, Your Future' report reveals that the UK's financial commitment peak in fact begins at 35 years of age.This is when people aged 35-44 spend on average £1,160 a month on financial commitments including items such as mortgages, debt and general household bills. People at this stage in life are under greatest financial pressure, making large contributions to a DC pension scheme an additional challenge. Better understanding your 'Commitment Lifecycle' and planning your future finances as early as possible is vital.

 For more information and to find out your Commitment profile visit www.knowyourcomittments.co.uk or contact Adam Smith/Anouchka Burton 020 7360 7878. (asmith@teamspiritpr.com or aburton@teamspiritpr.com)
  

 Data tables on monthly spend by life stage:
 

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