If you’ve been paying your National Insurance, you’ll be eligible for the new State Pension. At the moment, the full rate of the new State Pension is around £8,750 a year. The amount you get may differ from this as it is based on your individual National Insurance record, so it could be more or less. Your State Pension provides a foundation on which to build on for the income you’ll need in retirement. Saving into a pension is a tax-efficient way for making provision for income in retirement. There are a number of different pension options available for people who work for themselves. The Pensions Advisory Service and the Money Advice Service have lots of information about your options. We can help you think about what you’ve saved already, what you should try to put away, and the different ways to save.