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
It's important to plan ahead for your retirement. Here, we explain why pension planning is so critical, and describe some of the options available to you. This information is intended only as guidance. For advice on your specific circumstances, please get in touch.
The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.
Annuities are historically the most popular option in retirement, with a great many looking for the security that they provide. However, it's unlikely that they will continue to account for as high a proportion of retirement income products as they have in the past. This document will explain further.
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.
On 6 April 2015 new pension rules came into force, giving you much greater flexibility over how you use your money purchase pension savings and the options you have in retirement.
UK News
The Met is institutionally racist, misogynistic and homophobic, Baroness Casey's damning report finds.
A damning report lists stark examples of failings including racism, sexism and homophobia in the Met Police.
Ruth Perry took her own life while under "intolerable pressure" after an inspection, her family says.
Others have returned home with serious health issues following operations, BBC finds.
The supermarket says vouchers will be worth a third less from 14 June.