Savers in their droves were panicked into pulling tax-free cash out of their pensions before the Budget for fear of a clampdown on the perk. Rumours of a raid were finally quashed some weeks before ...
After decades of building a successful career, you’ve reached the starting line of retirement with a substantial nest egg. Your very first decision is a big one, and you only get one chance to make it ...
The pensions tax-free lump sum has remained unchanged, despite speculation the chancellor would tinker with this in the Autumn Budget. Chancellor Rachel Reeves delivered her Budget today (26 November) ...
Almost 90 per cent of advisers are very concerned that the tax-free pension lump sum will be reduced in this week’s Budget. A poll of advisers by Flagstone also found 60 per said their clients are ...
SIPs have, over time, become popular among retail investors and not without reason. They eliminate the need for self-imposed discipline, an area where most investors struggle and they free one from ...
The Chancellor has reportedly ruled out cuts to the tax-free pension lump sum limit in the upcoming Autumn Budget, it has been revealed. News the lump sum will remain fixed comes after months of ...
The Chancellor is instead said to be targeting ‘salary sacrifice’ workplace pension schemes - Joe Giddens/PA Wire Rachel Reeves will not cut the tax-free pension lump sum limit in the Budget this ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Over 55s could leave themselves £63,000 worse off by taking their 25% pension tax-free lump sum early rather than leaving it invested, new research suggests. Someone aged 55 who decided to take out ...
Someone who takes their full 25 per cent pension tax-free lump sum at age 55 could lose out on more than £63,000 in potential growth. Analysis by AJ Bell found people could lose out if they were to ...
Dear Liz: Because of the Social Security Fairness Act, my wife got a huge lump sum check (catchup, I suppose) and will now get monthly Social Security benefits. This is good news and bad news, ...
I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need some extra cash. I haven’t yet filed for my retirement benefits and would like to find out if this ...