There are three main ways you can trade in your final salary pension - here's what you need to know about each ...

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 ...

If you're heading towards retirement, you may be thinking about how best to access your pension pot. If you're saving for retirement into a defined contribution (DC) pension scheme, pension drawdown ...

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, ...

Any UK resident under 75 can open one, irrespective of whether they also have a workplace or other private pension scheme.

If you want to go into drawdown then you can choose to do it with our SIPP (Self-Invested Personal Pension). You can take 25% of your pot tax-free, as long as this amount is not higher than your ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Moneybox offers a full suite of saving, investing, homebuying and ...

Many UK workers have cash in multiple schemes – should you roll them into one? There are pros and cons How many pensions do you have? In the days of a job for life, many people had just two: the state ...

I have a question about taking additional amounts from my pension fund after withdrawing 25pc as tax-free cash 10 years ago. I had two defined contribution pension funds through my previous employer, ...

The Financial Conduct Authority’s final report for its Retirement Outcomes Review focused on the challenges facing drawdown consumers. The regulator recommended the provision of single-page ‘wake-up’ ...