There will inevitably be things you lose in retirement. But it's not all gloom and doom. Most people find happiness in ...

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 ...

Basic-rate taxpayers: Twenty percent of £60,000 is £12,000, so you would be left with £48,000 after tax. In other words, the taxman takes 52p in every pound. Higher-rate taxpayers: Forty ...

Some companies want to limit their pension obligations by offering employees a one-time payout. Here's what you should ...

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 ...

Founder, Money Counsellors Michael Oyebola said retirees should endeavour to contact or visit their Pension Fund Administrators (PFAs) to know if they are eligible for the increase and complete ...

The good news is that interest continues to accrue in the EPF account even after retirement, unless you withdraw the money. If you retire on June 30, 2025, you can earn interest for 3 years, i.e ...

The experts said: “Whether or not you can continue paying into your pension is usually agreed at the discretion of the TIB. “They may decide that any money you’d like to contribute to your ...

Drawdown allows you to take money out of your savings and leave the rest invested. ... And some schemes have a “protected ...

State pensioners, who have to be 66 and thus born before 1959, are at risk of overpaying tax when they take out lump sums from their pensions. In January, February and March this year, pensioners ...

That is the vast sum you stand to lose if your state pension stays stuck at the current £230.25 a week, and misses out on the increases everyone else receives for the next 20 years.