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If you have a pension, your employer will usually give you a choice at retirement: buyout or payments. It’s important to review this carefully. In broad terms, many make this choice based on ...

The National Pension System (NPS) now allows retirees to systematically withdraw 60% of their corpus while the remainder ...

Payment of lump sum under the Contributory Pension Scheme, CPS, at retirement is very important to a potential pensioner ...

The issue of lump sum payment to pensioners at retirement under the Contributory Pension Scheme, CPS, has been an issue since the inception of CPS following the Pension Reform Act, PRA ...

NHS staff already have a generous pension scheme - and can grow their pension further with additional payments ...

April 2024 saw the lifetime allowance abolished and replaced with two new tax-free allowances, namely a lump sum allowance to govern lifetime lump sums and a combined allowance to govern both lifetime ...

State government provides lump sum retirement benefits of ₹30,000 or ₹40,000 to midday meal workers in Karnataka.

The government tax body and taxman has warned savers that they can't reverse some of the preventative steps they took ahead ...

However, HMRC has now warned savers that the “cooling off period” policy offered by pension providers that may have covered ...

If you have a pension, your employer will usually give you a choice at retirement: buyout or payments. It’s important to review this carefully. In broad terms, many make this choice based on expected ...