Pensioners warned over lump sum withdrawal rules
A saver with £1.7m across three pots has been told they cannot take their full tax-free lump sum from just one pension. Experts explain the complex rules and 'permitted maximum' limits.
A saver with £1.7m across three pots has been told they cannot take their full tax-free lump sum from just one pension. Experts explain the complex rules and 'permitted maximum' limits.
Chancellor Rachel Reeves' IHT reforms could force families to sell commercial property quickly to pay bills, warns Bowmore Financial Planning. Learn the risks.
Following the Autumn Budget, experts advise UK households on three key strategies using ISAs, pensions, and SIPPs to protect savings from new tax rules. Act now to optimise your finances.
A financial expert urges UK parents and grandparents to open a Junior SIPP, a tax-efficient pension for children. Contributions hit £79.6m last year. Secure their retirement now.