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.
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Any price caps would be voluntary apply to key groceries such as eggs, bread, and milk, the BBC understands.
Over 30,000 estates could not be accessed due to an error identifying all of a late customer's NS&I products.
The new cost range and train speed are being announced as a "reset" of the delayed, over-budget and vastly scaled-back project is carried out.
The Transport Secretary has said the high-speed rail line will not be completed until 2039.
