Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead ...

Savers claim they took their lump sum withdrawal decision on the basis of guidance that they had a 30-day cooling-off period ...

HMRC has warned pension providers that they should not be letting savers put their tax-free lump sums back in their ...

State pensioners who withdrew 25% from their pensions due to fears they would be taxed in the Budget face being hit with a ...

Winning the lottery is a dream come true for many, but deciding how to receive those winnings can be a real head-scratcher.

If you take the lump-sum payment, the entire winnings would be subject to income tax in that year, and you would be in the ...

HMRC has warned pension providers that they should not be letting savers put their tax-free lump sums back in their ...

The Mega Millions jackpot has reached an estimated $740 million, the eighth-largest prize in the lottery’s history, after no ...

HMRC has warned pension providers that they should not allow savers to return their tax-free lump sums to their retirement ...

The 56-year-old had read that Labour was considering cutting the tax-free lump sum – the amount savers can take from their pension pots tax-free – to a third of its current value. Julia ...

What do you think will be the situation if the first spouse who dies leaves everything to his spouse, except say a portion of ...

Athene is a leading provider of retirement savings plans and the country’s largest annuities company, with more than $28 ...