Currently, those over the age of 55 can take 25 per cent of their pension pot tax-free up to a £268,275 cap. There are ...

Bob Gorman felt forced into taking his pension lump sum early last year - and now feels conflicted because his partner is ...

A PENSIONS shake-up being considered in next month’s Budget would shrink pots by £50billion, Rachel Reeves has been warned.

With just weeks until the Budget, I have decided to take a tax-free lump sum from my pension. I don’t know what Chancellor ...

A prominent Labour group of which chancellor Rachel Reeves is a member has suggested more than halving the maximum amount of ...

When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

The lump sum allows you to take up to 25 percent from your pension pots as a tax-exempt lump amount, as long as the total is ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

Enquiries from clients about taking lump sums from their pensions have jumped 45% over the past month, reveals new internal ...