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 57 in 2028.

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.

As you get closer to retirement, it becomes increasingly important to understand your options for accessing your pension – and how much tax you’ll need to pay. Following the introduction of ...

Pension tax-free lump sum refers to the amount of your pension pot you’re allowed to withdraw when you access your pension without needing to pay income tax.

For the first time, most Swiss residents favour withdrawing their pension pot as a lump-sum over regular annuity payments. This content was published ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly payments. At some point, you’ll have to make a decision, and this ...

The Retirement Reddit group shares insights in a post from a retiree who wants help with deciding on a lump sum or a monthly pension.

Therefore, the option to withdraw a lump sum should be made available, provided it is consented to by the civil servant concerned in writing,” he told FMT.

KUALA LUMPUR, June 18 (Bernama) -- The practice of lump sum retirement withdrawals may jeopardise long-term financial security and increase the risk of retirees outliving their savings, said Employees ...

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 57 in ...

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 ...