A personal pension is available to all employees who are not members of a company scheme and to the self-employed. There is no requirement for your employer to contribute to your pension.

A personal pension is your individual pension plan that moves with you as you change jobs.

New pension rules mean you can save as much as you like into any number and type of pensions (irrespective of age) - and get tax relief on contributions of up to 100 per cent of your earnings each year, subject to a lifetime allowance which is currently £1.5 million.

Personal Pension benefits can be taken at any time between 50 and 75 and up to 25 per cent of the value of your pension can be taken as a tax-free lump sum.

Find out how your pension is performing.