News

There will inevitably be things you lose in retirement. But it's not all gloom and doom. Most people find happiness in ...
Once you've saved for retirement, you'll need your nest egg to support you for as many as 30 years. For that, you need a ...
The time to transfer a pension has increased from an average of 12.5 days in 2023 to 12.7 days in 2024/25. The figure has at least dropped from 14 days in 2022 but some providers are taking up to ...
The Social Security Fairness Act removed restrictions on benefits for people with government pensions. If you're one of them, ...
Drawdown allows you to take money out of your savings and leave the rest invested. ... And some schemes have a “protected ...
The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings” ...
For example, if you have £100,000 in your pension pot and are offered an annuity rate of 7%, you'll get an annual income of around £7,000 a year. The rates in the table above show that a healthy ...
Public-sector workers face retirement planning gaps, but with financial education and planning tools, they can ensure a secure future.
Dear Quentin, When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, ...
Providing the rules of the individual product allow it (there are loads that do), you can have full, instant access to the money you need to withdraw without losing the tax benefits on the rest of ...
From compound interest to career pivots, here's why it's time to ditch outdated ways of thinking about retirement ...
However, if you reinvest the money into the stock, you’ll have $105 invested, making the 5% return $5.25. "Compound interest is when the money your money made starts making money for you as well ...