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 ...

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, ...

Important information for when you start taking taxable money from your pension pot: If you want to continue saving into your pension after you start taking taxable money from it, the total amount you ...

A 4% rule could stop you from running out of pension savings during your retirement. It can be difficult to work out how much ...

Subscribe to Merryn Talks Money on Apple Podcasts Subscribe to Merryn Talks Money on Spotify In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek ...

How long will your money last in pension drawdown? The ability to take income to suit your needs, combined with the possibility of your pot continuing to benefit from investment growth, has made ...

You can take all or part of your tax-free cash with the other bit moving into ‘drawdown’. Or you can make lump sum withdrawals, with 25% of each withdrawal being tax free, up to your remaining lump ...

A UK Parliament committee has proposed that the National Employment Savings Trust (NEST), a government-backed defined contribution pension established to support automatic enrollment, provide a ...

AJ Bell's Joshua Croft answers Express readers' pension questions. If you have a pension question, please email ...

What is pension drawdown? Pension drawdown allows you to draw money from your retirement savings while the rest of the pot stays invested. It can give you more flexibility over how and when you ...