Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

The tax-free pension lump sum has its problems, but is limiting the allowance actually a good idea, asks Daniel Herring In order to plug the holes in her upcoming Budget, Rachel Reeves is reportedly ...

Rachel Reeves could consider cutting the amount savers are allowed to withdraw in a lump sum from their pension pots as she seeks to plug a multi-billion-pound hole in the public finances. The ...

Rachel Reeves has been warned that cutting the tax-free amount people can withdraw from their pension pots would be self-defeating and “hit responsible savers who have diligently put money aside”. The ...