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
Hundreds of Liberty Steel workers in Rotherham and Sheffield face an uncertain future.
Ex-Twitter staff sued the platform after some 6,000 employees were sacked in 2022.
A rail strike and works are expected this weekend as millions begin their bank holiday getaways.
RMT members will walk out on Saturday and Monday, but Sunday trains could also be cancelled.
The US and EU have released details of the new trade deal reducing tariffs between the two partners.