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Taking up to 25% of your pension tax free is a popular perk at retirement. Lump sums are typically used to clear debt and pay for home improvements, cars and holidays.

Schwab says most savers aren’t tapping their 401(k)s, but fewer feel “very likely” to hit retirement goals this year.

According to Santander Bank’s Q2 2025 Openbank Growing Personal Savings Tracker, 54% of Millennials have also grown their savings, compared with 47% of Gen X and just 39% of Baby Boomers.

A reduction in the cap would hit those with larger pension savings hardest. If the maximum were lowered to £100,000, anyone with a pot exceeding £400,000 would see their tax-free entitlement curtailed ...

The Chancellor is understood to be considering slashing the maximum people can take from their pension without paying tax ...

Superdrug and Savers are celebrating record growth in its Rise Up Apprenticeship Programme, which has doubled in size over the past five years and supported ...

Rachel Reeves could consider cutting the amount savers are allowed to withdraw in a lump sum from their pension pots as she seeks to plug a multi-billion-pound hole in the public finances.

Secretary Lutnick reveals Trump's vision to eliminate federal income taxes for those making under $150,000. White House tours canceled indefinitely because of Trump’s ballroom Drone footage shows ...

President Donald Trump’s executive order cleared the path to investing alternative assets in 401(k)s and other retirement ...

A 401(k) loan can boost retirement plan participation and offer low-cost borrowing in emergencies—if you understand the ...

It's all very bright, colourful, and futuristic, and the tanks in question all seem to be piloted by equally bright, ...