Research by financial services company Think Money indicates the level of people paying into occupational pension schemes fell by 32% between 1967 and 2010, based on ONS figures. It wants people to give attention to retirement planning and seek help with debt if they need to.

Debt management companies know more than most how tough many families are finding the current economic climate. While it’s necessary for many households all over the country to cut back, it’s just as important to identify the things we shouldn’t cut back on - such as pensions.

With life expectancy increasing, many of us will have longer retirements. Paying into a pension offers some security of a comfortable lifestyle in retirement.

Think Money says people who aren’t paying into pensions because of debt may find debt management puts them “in a better position to give their pension the attention it deserves and get some advice from a qualified financial adviser.”

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