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Free pensions and savings seminar

Savings advice: a free seminar tomorrow will offer advice on building your nest egg

A free pensions and savings seminar is to be held tomorrow.

The event, hosted by Colonial Pension Services, part of the Colonial group of companies, will highlight the importance of financial planning for the future.

Laurie Daniels, customer service manager with Colonial Pensions Services, said: “Research shows that among the 18 to 34-year-olds in the US, 70 per cent have savings of $1,000 or less. I think the statistics in Bermuda would reflect a similar pattern.

“Yet saving and investing for the future are some of the most important things we can do. I’m sure most people have a retirement bucket list that they want to get through.

“In particular, it is important for younger people to think about their future. It may seem a long way away, but retirement comes around very quickly indeed.”

The seminar will focus on investment and financial planning advice as well as saving and budgeting tips.

The emphasis will be on starting saving early for those under 40, although all ages are welcome to attend.

There will also be a presentation from the Vanguard Group.

The seminar will be held from 6pm to 8pm in the Trudeau Ballroom at the Hamilton Princess.

The event will feature information as well as entertainment, prizes, and refreshments.

Parents can also bring their children if needed as there will be a special Children’s Corner.

To register, visit the Colonial Group International Facebook page, or use the link https://cpsevent-yournowyourfuture.eventbrite.com.