Individuals receive tax relief on their pension contributions, usually at least 20%, and up to the highest rate of income tax ...

Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...

Subscribe to Merryn Talks Money on Apple Podcasts Subscribe to Merryn Talks Money on Spotify In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek ...

If you're heading towards retirement, you may be thinking about how best to access your pension pot. Regardless of the type of pension you are savings into, pension drawdown offers one option for ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...

New research from Wesleyan reveals that nine out of ten financial advisers have witnessed clients speeding up their pension withdrawals. Financial advisers are reporting a surge in clients ...

From inflation to economic and political tensions, there are plenty of factors that can weigh on your retirement income. This makes it all the more important to understand how much you can generate ...

Thirty-two per cent of people in drawdown do not have any investment experience, yet two in five of them have not received advice or guidance, according to a recent report that urges the introduction ...

Recent headlines have highlighted fears that up to 15 million people in the UK aren’t saving enough for their retirement… | ...