The government has rolled out a series of New Pension Rules that is part of their new retirement strategy referred to as the National Employment Savings Trust. This scheme now requires all employers around the country to pay 3% of their employees earnings towards that employees retirement, that same employee must contribute 4% of their earnings and the government will provide 1% tax relief. With these amounts combined a person is able to invest 8% of their income towards a variety of retirement accounts. One account that should be of particular interest under the National Employment Savings Trust is the tax sheltered accounts. These accounts will enable a person to save money without the need to pay taxes until the money is actually taken out of the account.In order to reach our retirement savings goals we must have a plan, this is why the government is advocating we all speak with a qualified consultant for a no cost discussion to review the best course of action.