Pension withdrawals rose 36 per cent in 2024/25 amid speculation that the amount of tax-free cash you can take out of your ...

Once you reach age 55 (rising to 57 from 2028), you can take up to 25% of your pension pot as tax-free cash – otherwise known as a pension commencement lump sum (PCLS).

Speculation about a new lower cap on tax-free cash is understood to have prompted a renewed rush of withdrawals, following a ...

Maria Shahid feels tempted to withdraw her pension lump sum before retiring - Paul Grover. Have you taken your lump sum ...

With an increasingly loud clamour of voices questioning the sustainability of the state pension and people’s savings likely ...

With generous tax relief, a Self-Invested Personal Pension (SIPP) can be a powerful weapon to grow your retirement fund. The post Don’t have much cash to invest? Consider using a SIPP to build ...

Posting on Twitter, HMRC reminded taxpayers: "Check before you dip into your private pension pot – it could be tax avoidance ...

Invested Personal Pension, or SIPP, it pays to have a target in mind when deciding how much to invest. The post How much do ...

Industry experts have stressed the need to avoid knee-jerk reactions to the speculation often seen ahead of the Budget, after ...

The Winter Fuel Payment is a separate scheme aimed at pensioners. For winter 2025/26, you may get a payment if you were born ...

Experts say the decision should be treated as "irreversible" and are urging people not to make "knee-jerk" moves. There is ...

The Chancellor must rule out a pensions raid in the Budget as she faces a re-run of last year's damaging dash for tax-free ...