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.

The basic 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.

We all know it’s important to plan for retirement, but many of us are still not planning well, or early enough.

On 6 April 2015 new pension rules came into force, giving you much greater flexibility over how you use your pension savings and the options you have in retirement.

An Enhanced Annuity pays a higher income in retirement if you have a medical condition that may reduce your life expectancy.

Income Drawdown is a more flexible alternative to the traditional annuity route, offering greater choice and control for many people.

With pensions being most people’s second-largest asset, they can become a major consideration in any divorce settlement.

A workplace pension is a way of saving for retirement arranged by an individual’s employer. Automatic enrolment into a workplace pension is an easy, hassle-free way for workers to save for their retirement while they are earning.

The government has introduced a new law designed to help people save more for their retirement. It requires all employers to enrol eligible workers into a workplace pension scheme if they are not already in one.