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, ...

Pension drawdown is a flexible way to take income from a pension pot on retirement. This is an alternative to using the money to buy an annuity (which, in return for a lump sum payment, guarantees to ...

According to official figures, nearly 90% of eligible UK employees, about 20.4 million people, have access to a workplace ...

Subscribe to Merryn Talks Money on Apple Podcasts Subscribe to Merryn Talks Money on Spotify In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek ...

If you're heading towards retirement, you may be thinking about how best to access your pension pot. Regardless of the type of pension you are savings into, pension drawdown offers one option for ...

New research from Wesleyan reveals that nine out of ten financial advisers have witnessed clients speeding up their pension withdrawals. Financial advisers are reporting a surge in clients ...

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 ...