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
The Government is boxed in from this week's events - and lacks the Houdini skills to escape, says the BBC's Faisal Islam
Canada had been hoping to secure a trade deal with the US next month to avoid steep tariffs.
The manufacturer has admitted it is "actively exploring" options amid talks of a move to the United States.
The changes could cost up to £3bn which will have to come from higher taxes or cuts elsewhere, given the chancellor's self-imposed borrowing rules.
Plans to help those affected by benefits cuts into work are not "properly considered", officials tell the BBC.