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
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The UK government hopes the investment will create more than 7,600 "high-quality jobs".
The two American chipmakers will partner to make personal computer and data centre chips, in a lifeline for Intel as it struggles to profit from the AI boom.
The warning from the clothing chain comes as it reported a 13.8% rise in pre-tax profits.