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

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

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

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 ...

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

The decision means that those people who tried to beat the feared budget change and took their lump sum out early have lost ...

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

Powerball: See the winning numbers in Wednesday’s $30 million drawing Dec. 11, 2024, 11:03 p.m. A $2 ticket gives you a one in 292.2 million chance at joining the hall of Powerball jackpot champions.

HM Revenue and Customs has warned pension providers not to allow savers to return their tax-free lump sums or they could face ...

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

However, HMRC said that cooling-off periods, as specified by the Financial Conduct Authority (FCA), do not apply under the circumstances, adding: “The payment of a tax-free lump sum cannot be ...

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