In July 2012 the government announced its preferred solution to the proliferation of small pension pots, brought about by auto-enrolment. Against the aggregator model suggested by the industry, ...
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How do pensions work?
A pension is a workplace retirement plan designed to help people have income after they stop working. In simple terms, it’s a ...
A pension plan is a retirement account funded and managed by your employer, guaranteeing income for life after you retire. Unlike a 401(k), a pension doesn’t rely on the stock market — your employer ...
The new pension transfer rules coming into force on November 30 will bring added duties for pension scheme trustees, and will not be a panacea to prevent scams, specialists warn. According to the ...
Planning for retirement often focuses on maximizing income, but the fate of pensions after death is a crucial, yet often overlooked, aspect of estate planning. While the state pension typically ends ...
Retirement income today is rarely generated from a single source. It is typically built from a combination of the state pension, workplace or personal pensions, and other assets, each playing a ...
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