Restart me up
A lot of people have either reduced or stopped their pension contributions due to the recession, writes Liam D Ferguson.
When money is tight, saving for the future can get pushed down the list of priorities. Saving towards something as far away as your retirement can seem unimportant.
In 2012, a survey by life insurance and pension company Friends First revealed that 21 per cent of people surveyed had reduced or stopped their pension contributions because of the effects of the recession.
This is perfectly understandable - what's the point in locking money ...
