A fifth of people who withdraw a cash lump sum from their pension pot do so at the age of 55 but do not have a full ...

When faced with the decision of taking a lump sum pension payout or receiving monthly annuity payments, your course of action will depend on your individual circumstances. Key factors include your ...

New research from Legal & General (L&G) reveals that one in five (21%) people who withdrew a cash lump sum from their pension ...

If you have a pension, your employer will usually give you a choice at retirement: buyout or payments. It’s important to review this carefully. In broad terms, many make this choice based on ...

One in five (21 per cent) people who withdrew a cash lump sum from their pension pot did so as soon as they turned 55, despite many not understanding the consequences of doing so, research from Legal ...