There is also a concern that you could lose track of your pension pots and forget about one. This guide will explain the rules around small pensions and when you can and cannot withdraw them.

Millions of small pension pots risk being lost or gradually eroded by charges, a new report from the Institute for Fiscal Studies (IFS) has warned. With many workers changing jobs frequently, the ...

A new report from the Institute for Fiscal Studies (IFS) has brought renewed attention to the issue of small pension pots, highlighting the challenges they pose for savers and the broader pensions ...

An increasing number of over-55s are taking out all the cash from their pension pots rather than buying an annuity or drawdown, official figures show. The Financial Conduct Authority's (FCA ...

The number of deferred small pension pots is large and growing, says the Institute of Fiscal Studies. This will at least be partially due to auto-enrolment, and as such the number is likely to grow ...

There is a “strong case” for deferred small pension pots to be consolidated by default, according to the Institute for Fiscal Studies. In a report published today (February 12), the IFS ...

The government should clamp down on the “ridiculous” proliferation of small pension pots, a leading think tank has said. The growing number of these small-scale funds puts up costs for pension ...

The reforms, introduced in 2015, put millions in charge of their pension pots. Instead of being forced to buy a restrictive lifetime annuity at retirement, they were freed to leave their savings ...

even making small regular or one-off contributions now can significantly increase the size of a pension pot over time.” She adds that it's encouraging to see that younger savers are forecast to ...

A friend had a £50,000 defined contribution pension which he had to liquidate during Covid. I had a defined benefit pension which was significantly larger but did not exceed the old £1m lifetime ...

There is a “strong case” for deferred small pots to be consolidated by default, the Institute for Fiscal Studies (IFS) has argued. In the think tank's report, published today (12 February), the IFS ...