This includes being able to take some of your pension as a cash lump sum, with 25pc of this being tax-free. Here, Telegraph ...

Once you reach age 55, you can start to make withdrawals from your pension, including a 25 per cent tax-free lump sum - the minimum age is rising to 57 in 2028. You can either withdraw the whole ...

For example, say that you're an individual getting ready for retirement. Your employer has offered you either a $150,000 lump sum or $1,200 monthly payments for life. Here's how to think about it ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you ...

One option is simply to take (up to) a quarter of your pot immediately as a tax-free lump sum and leave the rest in a 'flexi-access' drawdown account. The alternative is to move your entire ...

Defined-contribution pensions tend to offer a good level of flexibility when it comes to taking your 25 per cent tax-free lump sum. If you have a final-salary pension, although you get to enjoy a ...