Pensions

Personal pensions were introduced in 1988 to replace insurance companies' retirement annuity contracts. Since their launch there have been many changes made to both the legislation affecting them and the make-up of the many products now available.

One major consideration for all investors is that a decision made for retirement provision should not be based purely on low charges. It is important, too, to also look for a high-performance pension fund. With a personal pension you can select funds based on the time you have left to retirement, your risk profile and an overall investment strategy. And there are plenty of personal pension funds to choose from.