This is part 2 of the pension series and today I’m going to be answering the question “should I be saving money in a pension or an ISA?”. It’s normal to feel overwhelmed and confused by your options, however when you understand the pros and cons, rules and features of each product, it will help you make a decision that is right for you.

With all pension schemes, your money is being invested on the stock market into pension funds. If you understand investing and how the stock market works, you will feel so much more confident in how you are building wealth over time for your retirement.

I’m back with another “Money Hotline” episode, a dedicated section where you can write in, ask me your dilemma and I’ll share my advice! Today’s request for advice comes from a gal in my DM’s who says “I keep dipping into my savings - please help”.