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
Lesley Sewell tells the Horizon inquiry she was "not comfortable" being contacted by the former chief.
There has been an unexpected slowdown in sales of electric cars. Could this be more than a blip?
OpenAI and Reddit reach deal that will give ChatGPT access to content on the social media platform.
It says the move is due to customer demand for cheaper prices in the wake of the cost of living crisis.
Chinese bubble tea shares fizzle, raising questions about the industry and Hong Kong's stock market.