Over three-quarters of savers withdrew cash from their pension pots before reaching their selected retirement age in recent years, a new report claim . Research compiled by Scottish Widows ...
Savers are draining their pots to avoid Labour taxes ahead of the general election, advisers have said. In withdrawing their pensions before they need them savers are incurring income tax charges ...
It is extremely worrying that nearly four out of five middle-aged people are raiding their private pension pots before they reach retirement age. This is a gamble on future security in their later ...
More than three-quarters of people with defined contribution (DC) pension pots have already dipped into them before retirement, according to Scottish Widows. Scottish Widows said that 78% of ...
Sir Keir Starmer's commitment to reverse elements of Jeremy Hunt's lifetime saving allowance changes have increased uncertainty Credit: Alastair Grant/AP Photo Are you taking action with your ...
Four in five pension savers are accessing their pot early and it’s costing them tens of thousands of pounds, a pension provider has warned. New analysis from Scottish Widows shows that 78pc of ...
More than three quarters of retirees have withdrawn funds from their pension pots before they reached retirement, research from Scottish Widows shows. The provider's research, which analysed 232,654 ...
Labour has u-turned on its plans to reinstate the pensions lifetime allowance in a boost to wealthy savers. The Government abolished the old £1.073m lifetime allowance last year, but Labour said ...