Savers who returned their tax-free lump sum to their pension face a surprise bill of up to 70pc, following clarification from ...

Tax-free pension cash could be cut in the autumn budget — here are three factors to consider before taking cash out of your ...

Some firms allowed those who took their lump sum, and regretted it in the light of the lack of policy change, to put their money back into their pension and undo their decision. They were able to do ...

I am 60 and have a defined benefit local authority pension. My lump sum would be £15,000 with a £1,144 per month pension, or £64,000 with a £800 pension.

Prudent savers who returned their tax-free lump sum back into a pension could face an eye-watering tax bill of up to 70%.

A new campaign is urging the Chancellor to introduce a Pension Tax Lock to help protect retirement savings and incentives ...

Speculation about a new lower cap on tax-free cash is understood to have prompted a renewed rush of withdrawals, following a ...

While not the norm, some older pensions allow savers to withdraw a tax-free lump sum of more than the standard 25 per cent.

Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control.

Under the current rules, in most pension plans, you can take up to 25% of your retirement pot as a tax-free lump sum, up to a ...

Fewer people are turning to professional advice when accessing their pension, even though the decisions are increasingly ...