The fundamental idea of a personal pension plan is simple. You put money into a savings fund and it hopefully grows in value. At retirement, you have several options which are usually designed to replace some (or all) of your employment income.
With pensions being most people’s second-largest asset, they can become a major consideration in any divorce settlement.
Personal pensions may be suitable if you are self-employed, if you are not working but can afford to put aside money for retirement, or even in addition to a company pension.
UK News
Lachlan Murdoch will retain control the conservative Fox and News Corp empire under the deal.
Millions of vapes are being thrown away incorrectly despite the ban, causing chaos, says Biffa manager.
The Conservative leader tells the BBC the UK could be forced to go "cap in hand" unless the government delivers a plan for economic growth.
John Elkann and two of his siblings will pay €183m to settle an Italian inheritance tax dispute.
Google's AI overviews are diverting traffic away from online newspapers and other publications.