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 ...

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 ...

Royal London's analysis assumes an average inflation rate of 2.5 per cent for RPI, compared to two per cent for CPIH. A £25,000 annual pension would deliver total income of £853,944 over 25 years ...

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 ...

I wasn’t originally going to go the art route, but I’ve always been interested in drawing and animation, so I’m happy I get to pursue that further in college. I hope to continue playing ...