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, ...

Annuities and drawdown are the two main ways of using your pension pot to fund your retirement. But how are they different? What option is best for you? And what risks do you need to be aware of? Our ...

The government has amended legislation to allow Nest to provide "flexi-access drawdown" as the Pension Schemes Act introduces ...

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 ...

Tens of thousands of savers with large pensions are making withdrawals at such rapid rates that they risk running out of cash in retirement, new data from the Financial Conduct Authority (FCA), the ...

Are pension savers heading for disaster by taking too much cash out of income drawdown plans early in retirement? Research from personal finance analyst Moneyfacts suggests that 70% of savers opting ...

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 ...

Michael Hallinan, special counsel for SUPERCentral, said liquidity planning is necessary as pension rules require minimum ...