Martin Lewis has highlighted a 'massive tax trap' that could affect anyone with a pension. The warning was issued by his Money Saving Expert website, which published a video featuring the personal ...

Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...

Providers of drawdown products should be required to develop charge-capped default products to help disengaged savers make their pension last, the Work and Pensions Committee has recommended. In a ...

A reader wants to know if taking out a lump sum from his pension before his retirement is a good idea or not ...