A 65-year-old with a £100,000 pension pot can currently secure an annual income of up to £7,492 in retirement. Retirees can get this gaurenteed income for life through a single life level annuity with ...

The Congress of South African Trade Unions (COSATU) notes the release of Treasury’s two pot pension and savings reforms proposal (Revenue Laws Amendment Bill). The Federation welcomes the overall ...

MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...

With either option, it would mean that the remainder of your pension pot (which isn’t tax-free) would be taxed at the point you access the money, which may be after you have moved down a tax band.

It will also be down to me to work out how to make that pot last for my retirement lifetime. Should I be concerned about my private pension if the Government wants to access these funds to boost ...

The triple lock ensures the new state pension rises each year by the highest of wage growth, inflation or 2.5 per cent, while older pensioners see their payments increase at a slower rate. This ...

Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension pot of £100,000 and the ...

Savers buying state pension top-ups are reporting long wait times ahead of a crucial deadline. The size of the current backlog is unknown, but applications are processed in date order, and as long ...