20 h. ago Delay taking a pension lump sum to make pot last extra SEVEN years

Murphy Wealth crunched the numbers to see how much taking a tax-free lump sum could cost a typical saver instead of leaving it longer to grow.

Politics

5 d. ago DWP Universal Credit alert as claimants told 'remember' vital step in 3 situations

People on Universal Credit who receive any type of lump sum, inheritance or savings boost may need to take action

Events

1 week ago New plan for 'pension tax lock' as people rush to withdraw lump sum amid Rachel Reeves change fear

A new campaign is urging the Chancellor to introduce a Pension Tax Lock to help protect retirement savings and incentives

Economics

2 w. ago TOM UTLEY: It's cruel and immoral of Reeves not to tell us whether she plans to snatch away tax

On the advice of my financial planners, this week I joined the stampede to grab a tax-free lump sum from my pension pot before next month's Budget , which so many of us dread.

Politics

2 w. ago Rachel Reeves risks 'irresponsible' pension move by failing to rule out lump sum raid, experts warn

Speculation about a new lower cap on tax-free cash is understood to have prompted a renewed rush of withdrawals, following a spike ahead of last year's Budget.

Events

2 w. ago Rachel Reeves 'must rule out pensions raid in the Budget to avoid lump

The Chancellor must rule out a pensions raid in the Budget as she faces a re-run of last year's damaging dash for tax-free cash, experts warned last night.

Economics

2 w. ago New State Pension age changes set to delay retirement payments for millions of people

The State Pension age is set to rise from 66 to 67 between 2026 and 2028 with a further rise planned to 68.

Economics

3 w. ago Winner who shared in $1.7B lottery jackpot reveals plans for winnings

The winner walked away with a lump sum payment of $410.3 million - and plans to take some time off work

Politics