Sky News
Personal finance expert Gemma Godfrey has been answering your questions on the cost of living and money saving dilemmas: Could your pension contribution be put to better use for things like paying your bills? The most important thing to say is that when making any financial decisions, it's important to speak to a financial professional who can review your particular situation and offer personal advice. First of all, pensions offer some serious financial benefits, such as being able to contribute with a gross salary (without tax being charged), an employer can add their own contribution, and the pension pot can eventually be drawn down tax-free as well.