Pensions are top money concern for workers

A new survey has revealed that the majority of over-35s say pensions are their top financial concern.

Meanwhile, mortgage and childcare costs were cited as the biggest money worries for those under the age of 35.

The study was carried out by financial services group, Friends First, and highlighted the fact that most working people over 35 admit that they should have begun a pensions fund at an earlier age.

Friends First have urged young people to invest in a pension as soon as they begin working.

Chief Executive of Friends First, Adrian Hegarty, said people should be saving a quarter of their salary for the future.