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Pension Contributions Parents Savings Cost of Living Crisis Child Education
Young parents are trying to free up cash to beat the cost of living crisis by stopping payments into their pensions, but doing so will cost them tens of thousands of pounds in retirement.
A report by Janus Henderson Investment Trust found parents are cutting pension contributions and changing their expectations for their children's future because of rising prices.
One in six young parents aged in their 20s and 30s hav...
>>> Read more: Parents stop paying into pensions â but will be £24,000 worse off in retirement
Young parents are trying to free up cash to beat the cost of living crisis by stopping payments into their pensions, but doing so will cost them tens of thousands of pounds in retirement.
A report by Janus Henderson Investment Trust found parents are cutting pension contributions and changing their expectations for their children's future because of rising prices.
One in six young parents aged in their 20s and 30s hav...
>>> Read more: Parents stop paying into pensions â but will be £24,000 worse off in retirement
