Pension drawdown is a flexible way to take income from a pension pot on retirement. This is an alternative to using the money ...
Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...
Subscribe to Merryn Talks Money on Apple Podcasts Subscribe to Merryn Talks Money on Spotify In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek ...
Annuities and drawdown are the two main ways of using your pension pot to fund your retirement. But how are they different? What option is best for you? And what risks do you need to be aware of? Our ...
The pension flexibilities introduced in April are having a dramatic impact on the behaviour of retirees. Many people are already opting to take greater control of their retirement finances by choosing ...
Talking Head: The PMI's Tim Middleton explains why, when push comes to shove, annuities are an inevitable part of retirement income provision for the majority of savers. The regime in place was ...
Hundreds of thousands of savers are facing a new retirement shake-up after officials finally published long-awaited rules on ...