If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

Many employers used to offer pension plans to their employees. Pensions are financial vehicles designed to replace a portion of the employee’s wages during their retirement years, providing them a ...

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 ...

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...

NOW Pensions is the latest master trust that is set to launch Sharia-compliant pension options including Islamic bonds to reduce risk for workers approaching retirement. Martyn James, director of ...