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.
Pension Planning
The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
With pensions being most people’s second-largest asset, they can become a major consideration in any divorce settlement.
We all know it’s important to plan for retirement, but many of us are still not planning well, or early enough.
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
Customers will see a significant increase in the amount of money protected if their bank collapses.
Ministers are expected to announce the plan to tackle touts and resale sites offering tickets at several times face value.
HM Revenue & Customs Tax office apologised after an error in its checks led to payments being stopped.
When an insurer for FBI and CIA agents was sold to a Chinese entity, it led the US to tighten investment laws.
It is not illegal currently to own the gadgets but the government has promised to ban them.