Pension plans are becoming less and less common in the private sector. But if you have a pension, you’ll likely have to make a decision whether to opt for monthly pension payouts or one lump sum ...

There are three main types of pension. The state pension (paid by the Government), ‘occupational’ pensions (your pension through work) and private/personal pensions (what it says on the tin).

The term pension option refers to a series of choices that an employee must make to prepare for retirement. The decisions that an individual makes determine how they receive the money in their ...

Accommodations will be determined based on your individual circumstances. 2) The information on this page describes different types of accommodations but is not all-inclusive. Your individual ...

Those types are the government-backed State Pension, the employer-sponsored workplace pensions, and the individually established personal pensions. Depending on how the plan pays out, these plans ...

The resulting pension/income the member receives is based on the size of the fund in which they they have bought units, and the at-retirement solution they subsequently use to access their fund.

Alan Pickering&#39s long-awaited recommendations for simplifying pensions, due out this week, are likely to call for the setting up of three types of pensions. But the full ramifications of his ...

The government is exploring new types of pension schemes that would give more security to retiring workers. Minister for Pensions, Steve Webb, says the government is looking at several options ...