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
Homes will save around £45 a year through the cut announced on Andy Burnham's first full day as prime minister.
Public finances for last month were better than expected but the UK is carrying major debt.
Buying on social media livestreams is fast becoming regular consumer behaviour for many.
The duties mark a major escalation in trade tensions between the North American neighbours.
The former defence secretary is seen as a safe pair of hands - and is now in charge of the government's finances.
