Chancellor Rachel Reeves continues to fuel panic among pension savers ahead of the Budget by refusing to rule out a raid on 25 per cent tax-free lump sums. It is the same concern people coming up to ...

Questions to ask yourself as you look at pension funds include: What will be the effect of inflation on the purchasing power ...

Rachel Reeves has been warned that cutting the tax-free amount people can withdraw from their pension pots would be self-defeating and “hit responsible savers who have diligently put money aside”. The ...

Employees entitled to a pension from a former employer may soon receive letters offering them a lump sum payout. New rules that take full effect next year allow plan administrators to offer smaller ...

It’s likely that your defined benefit pension was tested against the lifetime allowance when you took it. The scheme administrators would have confirmed what percentage of the allowance your pension ...

A reader wants to know if taking out a lump sum from his pension before his retirement is a good idea or not ...

"the cumulative amount of the additional contributions exceeds 30% of the pension commencement lump sum. Further guidance about the cumulative basis of the recycling rule is at PTM133830" The scenario ...