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, ...

The past two years have proved some of the most difficult in income drawdown’s relatively short history. The positive introduction of capped and flexible drawdown in April 2011 has been largely ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...

The government has amended legislation to allow Nest to provide "flexi-access drawdown" as the Pension Schemes Act introduces ...

The anticipated plundering of pension funds following the implementation of the freedom and choice reforms last April has failed to materialise, according to data from the Association of British ...

Rising interest rates have made annuities a more attractive option for retirees accessing their pension, but it is important to choose the right route for you. How to find and add lost pensions to ...