British investment funds alert as massive withdrawals spark ‘dark age’ warning
Economic uncertainty and the cost-of-living crisis have created an investment dark age for UK residents. Daily Express :: Finance Feed
Terrified you’re making too many pension withdrawals? This simple rule will tell you
Millions of Britons face the very real danger of running out of retirement savings in later life because they are withdrawing too much pension too soon. Daily Express :: Finance Feed
Pension withdrawals warning as over-55s trigger ‘once-in-a-lifetime’ HMRC tax trap
Savers who draw large sums from their pension to meet soaring living costs risk falling into a costly tax trap, a pensions expert has warned. Daily Express :: Finance Feed
Pension withdrawals rise – savers issued 5 ‘important’ questions to ask ahead of drawdown
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
Pension: Early ‘dipping’ could cost you £40,000 – withdrawals at 55 reach record high
PENSION savings can be accessed from the age of 55 thanks to pension freedom rules. While this has given savers a lot of freedom in how they can manage their finances, dipping into pension pots too early can have damaging effects on retirement plans. Daily Express :: Finance Feed