Around a fifth, or 21 per cent, of people extracted cash from their pensions nine to 10 years before their selected ...
People in their mid to late 40s and early 50s need to be aware of the change if they want to retire early, or use some of ...
SOME workers approaching retirement are plundering too much from their retirement pots too soon, according to insurers. The Association of British Insurers (ABI) said the vast majority of over-55s ...
Pension savers with Friends Life are being told they cannot use their pots like a bank account after the insurer decided it is currently unable to offer the Government's new retirement freedoms in ...
ABOUT 130,000 people a year will choose to take cash out of their pension pot when the new rules to give retirees more financial freedom come into force, according to estimates from HM Revenue ...
Withdrawing funds from a pension, either too early or too rapidly, can have a seriously detrimental impact on your future financial security, says finance expert Peter Sharkey. When the taxman ...
The Tories and Labour will be going all out to reassure people their financial prospects are safe on their watch during the general election campaign. But in a time of straitened public finances ...
Pensioners could be denied the full £902-a-year boost they are expecting from April as Whitehall officials consider tweaking the figures used to calculate it. Earnings growth figures published ...
Opinions expressed by Forbes Contributors are their own. I work on retirement policy, public sector pay and other issues. Following the Great Recession’s dramatic stock market decline, state and ...
Mike Miller is a writer with a decade of experience producing product and service content to help consumers make informed purchasing decisions. Mike has a bachelor’s degree in creative advertising.