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Tag: drawdown

Drawdown disaster as Brits blow pension savings in their 50s – and we’ll pick up the tab

Posted: August 28, 2024 at 10:22 am   /   Business

Pension freedom reforms have backfired as new research shows millions of Britons are blowing their retirement savings in their 50s, which means the money could run out decades before they die. Daily Express :: Finance Feed

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Annuities are back so should you lock into pension income for life or gamble on drawdown?

Posted: May 31, 2023 at 10:22 pm   /   Business

For years, pensioners wanted nothing to do with annuities. Now they’re snapping them up like hot cakes. What happened? Daily Express :: Finance Feed

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Pensioners face ‘Age of Ruin’ as drawdown savings run out seven years before they die

Posted: May 17, 2023 at 10:22 pm   /   Business

The over-55s are making pension withdrawals at an unsustainable rate and risk leaving nothing for later life, a pensions expert has warned. Daily Express :: Finance Feed

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Pension withdrawals rise – savers issued 5 ‘important’ questions to ask ahead of drawdown

Posted: April 29, 2021 at 10:22 pm   /   Business

HMRC will be publishing flexible pension payment data tomorrow but figures from experts within the field show retirees have gone through a whirlwind of activity over the last year or so. In light of this, guidance has been issued on the key retirement elements savers should pay attention to. Daily Express :: Finance Feed

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Pensioners urged to review their income drawdown

Posted: May 15, 2019 at 10:23 pm   /   Business

PENSIONERS are being urged to review their income drawdown plans to avoid paying tens of thousands of pounds in punitive charges over the course of their retirement. Daily Express :: Finance Feed

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Cashing in your pension will get you the low-down on a drawdown

Posted: November 16, 2016 at 5:27 pm   /   Business

PENSION freedoms may backfire for a growing number of Britons who are putting their savings in greater danger than they realise. Daily Express :: Finance Feed

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