Savers taking advantage of pension freedoms to cash out before retirement have suffered £2bn in lost returns, spurring calls for better financial education, according to analysis by LCP. LCP cited ...

The UK pension system lags many of its European peers in a report out this week, which recommends restoring the requirement to take savings as an income stream. The freedom and choice policy, brought ...

Labour peers are lining up a fresh push to introduce an amendment to the pension freedoms rules to bring in a ‘second line of defence’ for pension savers at the point of sale of an at-retirement ...

A decade ago, pension savers were granted a new right: to take cash out of their pension pots however they pleased from age 55. Dubbed “pension freedoms”, the new rules came into effect on 6 April, ...

Pension providers should be forced to issue risk warnings on a little-known rule that could see over-55s deprived of means-tested benefits, according to Scottish Friendly. The rule in question relates ...

Combining your pensions into a single pot can make managing the money easier – and cheaper. But some old pensions have valuable features you won’t want to lose. We weigh up the pros and cons of ...