Murphy Wealth crunched the numbers to see how much taking a tax-free lump sum could cost a typical saver instead of leaving ...

Every year, thousands of savers take advantage of pension freedoms rules to withdraw tax-free lump sums from their pots.

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Pensions provide additional income that can help you in ...

Applying early stunts your benefit for life. The longer you live, the more likely you are to run through your other savings, ...

It can be tempting to take a lump sum when you’re able to cash out a pension. Taking the money means you can use it immediately, and it could be your ticket to an early retirement. Do a break-even ...

Rachel Reeves has been warned that making changes in the Budget to the amount of cash people can withdraw tax-free from their ...

The first 25 per cent of your pension can be taken out tax-free as a lump sum, but this doesn't make it the best choice for ...

Finally, timing. If the tax-free cash limit was cut in the Budget, then that announcement would include details of the exact ...

If changes are proposed will they take effect immediately, or at the start of the next tax year, or do the possible changes ...

Taking up to 25 per cent from your pension free of tax is a popular perk at retirement – so speculation that it could come ...