5 DIY Pension Mistakes to Avoid

Anyone can set up a pension, either through an employer or directly. But pensions can be complicated and there are a few pitfalls to avoid when looking at your retirement planning options. Most people do not contribute enough to their pension. Assuming a typical salary of £30,000 per year, the minimum pension contribution under auto-enrolment is £158.40 per month (of which £59.40 is paid by your employer).