Darren had been working in the IT sector since he left university, at the age of 51 he was starting a new job with his 10th employer. In the first couple of weeks he had an interview with the financial advisor handling his new employers pension scheme. That’s when reality struck home.
Not only had Darren’s income been going down over the last 10 or so years but he found that he only had 14 years of pension contributions from his previous employers, only 2 had any form of pension scheme. Pensions were not a subject that Darren had been concerned about after all, that’s a long way off, isn’t it?