A pension is a long-term investment that can help you live in comfort in your later years.
While you might get a state pension from the government, this will only cover basic living expenses. That means you should supplement your state pension with a personal pot too.
What is a pension?
A pension is like a turbo-charged savings account because the money is invested for the long term (usually over many decades).
Most people start contributing into a pension when they start work because their employer automatically enrols them into a scheme.
STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.