Pensions: money you could be entitled to
Updated
A pension is a long-term pot for retirement, and it comes with two perks that are hard to beat anywhere else: employer contributions and tax relief.
Employer matching
Many employers will match extra contributions you make, up to a limit. That's extra money on top of yours, straight away. Turning down full matching is leaving pay you've already earned on the table.
Tax relief
The government tops up pension contributions too. For a basic-rate taxpayer, £100 in your pension effectively costs you £80. Higher earners can claim back even more.
Because the money compounds for decades, even small increases now can mean tens of thousands more at retirement.
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Blooom checks you're getting your full employer match, and helps you trace pots from old jobs.
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This guide is general financial education, not personal advice. Always do your own research, and consider speaking to a regulated adviser for your specific circumstances.
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