Savers taking advantage of pension freedoms to cash out before retirement have suffered £2bn in lost returns, spurring calls for better financial education, according to analysis by LCP. LCP cited ...

The UK pension system lags many of its European peers in a report out this week, which recommends restoring the requirement to take savings as an income stream. The freedom and choice policy, brought ...

A decade ago, pension savers were granted a new right: to take cash out of their pension pots however they pleased from age 55. Dubbed “pension freedoms”, the new rules came into effect on 6 April, ...

A decade ago, pension savers were granted a new right: to take cash out of their pension pots however they pleased from age 55. They could use their pension pots like a cash machine, there was no need ...