For years, the promise that a quarter of your pension can be withdrawn tax-free has been one of the UK retirement system’s most powerful selling points. But changes to pension tax rules, alongside ...

New research shows many over-55s rush to take the full 25% pension lump sum as soon as they retire, often viewing it as a ...

Over 55s could leave themselves £63,000 worse off by taking their 25% pension tax-free lump sum early rather than leaving it invested, new research suggests. Someone aged 55 who decided to take out ...

Brits who withdraw tax-free cash from their pension without a plan risk triggering an unexpected tax charge, retirement ...

The number of people taking their tax-free pension lump sums as early as they can has hit a five year high, according to a Freedom of Information (FOI) request to HMRC. Currently the earliest you can ...

What you need to know about pensions and inheritance tax April 2027 changes. If you inherit a pension from someone who died ...

Pension experts warned at the time that fears of a cut to the tax-free lump sum limit were leading some savers to withdraw ...

Deciding how to use your built-up pension pots in the best way to suit your needs and mitigate tax can be a complicated ...

LONDON, Nov 5 (Reuters) - British money managers are reporting a jump in people withdrawing cash from their pensions before this month's budget, amid fears for their tax advantages as the government ...

Data published this week shows it’s the primary reason people seek financial advice: 69% of all advice firms’ clients were ...