Drawdown

Retirement | 19 Aug 16

Almost half of British savers withdrawing money from their pensions may be doing so at an unsustainable rate, according to analysis by asset manager Schroders.

Retirement | 15 Aug 16

Some British savers are withdrawing too much cash from their pension pots and are at risk of running out of money within a decade or less, the Association of British Insurers (ABI) has warned.

Retirement | 18 Apr 16

Terms such as ‘uncrystallised pension funds lump sum’ and ‘flexi-access drawdown’ could be phased out if a new guide to make pensions language simple, clear, and consistent is adopted.

Retirement | 30 Mar 16

Nearly £6bn ($8.6bn, €7.6bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by the Association of British Insurers (ABI).

Retirement | 27 Jan 16

The number of people taking advantage of the new pension freedoms dropped by 13.3% between the third and fourth quarters of 2015, with the total value of funds released down by nearly a third.