Five years after the introduction of pension freedoms, the Association of British Insurers is warning that many middle-aged savers may not be doing what’s best with their pension pots.
‘Cash today, poverty tomorrow must be avoided, as large withdrawals from pension pots could mean later life hardship for many,’ says the Association of British Insurers.
What is to stop my ex-husband converting everything to useless shares that are falling in value? Barrister Rhys Taylor explains how pensions are handled when couples divorce.
Rookie Chancellor Rishi Sunak was given a month to prepare for the Budget on March 11. Will Government top-ups into retirement savings pots be lowered to the 20 per cent basic rate for everyone?