Retiring with a pension in 2026 puts you in a rare position. Less than 20% of Americans have traditional defined-benefit ...
Savers approaching retirement usually either buy an annuity that pays a guaranteed income for life (but with no prospect of further investment growth) or draw income directly from their pension funds, ...
Thirty-two per cent of people in drawdown do not have any investment experience, yet two in five of them have not received advice or guidance, according to a recent report that urges the introduction ...
A tightening inheritance tax (IHT) backdrop is reshaping how advisers approach drawdown and intergenerational planning, with ...
Providers of drawdown products should be required to develop charge-capped default products to help disengaged savers make their pension last, the Work and Pensions Committee has recommended. In a ...
Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...