As many as 10% choose to take out their entire pension as soon as they are able to, according to Legal & General.
People nearing retirement are urged to check their pension pots as they could be hit by higher government bond yields ...
TEN unfortunate pensioners received just 52p in state pension last year, which is not enough for even a pint of milk. These ...
Millions of pensions are still at risk of haemorrhaging money close to when savers need them most, a Telegraph Money ...
For the 12 months to the end of September 2024 the average transfer time for a cash pension was 11.9 days, down from 14 days ...
Pensioners have been repeatedly warned that bond market chaos could wreck their retirements if their pension has been ...
If you are in the market for an annuity, then this is an interesting time. Annuity incomes are based on long term gilt yields — these are bonds issued by the UK government and as their value falls, ...
There is no doubt Rachel Reeves' announcement that from April 2027 unused pensions will be subject to inheritance tax is bad ...
These are: 2.5% the inflation figure recorded in the ... Checking in on your pension pot or pots can help ensure you’re on track with your retirement savings – but a survey by The People ...
Retirees can now secure significantly higher guaranteed incomes from their £100,000 pension pots, amid Labour Party ...
Under the new framework, NSSF contributions have increased to six per cent of an employee’s salary, matched in equal amounts ...