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What is Pension Pot?

July 14th 2009 07:31
Pension Pot is one of the most important things in our life, especially for those that want to have a better life after retirement! Without it, you might need to work hard or begging for money, even after your 60s…

It might be a little bit unbelievable, but it’s a true fact. The Gfk NOP (It’s a market research company that based in London and it formed in 2005) has carried out a survey on 1,358 United Kingdom citizens. Surprisingly, only 36% or one in three United Kingdom’s under-30s citizens are putting the hard earn money into a Pension Pot!

Over 50% of the young people who under-30s have to pay off their debts, which is mostly the credit card debts.


The even more pathetic thing is there are less than 45% of people, who aged between 41 to 60 years old are saving their money into a pension pot!

Due to the low self-awareness of financial management, the UK economists predicted that the golden aged citizens might be suffered in their daily life, after they’re retired from the previous job!
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