A small pot pension does have some benefits when it comes to making withdrawals – and there is one very handy loophole that, in some circumstances, can save you a lot of money.

Annuities in employer-sponsored pension plans are fantastic. But employers are not trying to cheat their employees when they offer lump sums.

Should I withdraw a lump sum from my pension, what are the taxes and what are the alternatives? If you’re nearing retirement it’s vital to make the most of your pension lump sum ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all ...

Weigh the pros and cons of pension payments versus a lump sum. One is made for the remainder of a retiree's life. The other allows you to spend or invest the money.

Regulations issued on 7 October 2024 will change (again) the requirements for calculating whether a member may be paid a trivial commutation lump sum (TCLS). The Pensions (Abolition of Lifetime ...

For many pension plan participants who haven't started benefits, the equivalent lump sum benefit amount of their monthly pension in single-employer DB plans will drop. Read more here ...

The government is planning a pension schemes bill that should include consolidating small pots among its measures. The proposed 'pensions dashboard' should enable you to see all your pensions in one ...

A small pot pension does have some benefits when it comes to making withdrawals – and there is one very handy loophole that, in some circumstances, can save you a lot of money.

What are the tax rules for taking a lump sum? Once you reach age 55, you can start to make withdrawals from your pension, including a 25 per cent tax-free lump sum - the minimum age is rising to ...