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 Chancellor's speech is expected to roll the pitch for a difficult Budget.		
	The technology secretary says O2's higher-than-expected price increase is "disappointing" given the cost of living.		
	But some people said borrowing from their nearest and dearest had affected those relationships.		
	The coffee giant entered China more than a quarter of a century ago but has faced tough competition in recent years.		
	Possession and publication of such material will be a criminal offence, under amendments to the Crime and Policing Bill.		
	