I am currently 55, and will turn 56 this year. I was thinking about taking £15,000 out of my pension pot as we want to buy a ...

What is the average pension pot in the UK? According to the latest figures from the Department for Work and Pensions, the average single pensioner has an income of £13,884 a year.

This median includes both workplace pensions and self-invested personal pensions (SIPPs). The overall median – which factors in adults without a pension pot – was much lower, at £19,700.

A small pot pension does have some benefits when it comes to making withdrawals – and there is one very handy loophole that, in some circumstances, can save you a lot of money.

A new survey shows that the people who are most likely to withdraw funds under the two-pot retirement system also know the ...

Money POT LUCK Six mistakes that could reduce your pension pot by up to £300,000 Plus watch our video below on how to track down lost pensions Sara Benwell Published: 7:00, 7 Nov 2024 ...

When you leave an employer and an employer-sponsored fund (pension, provident or umbrella fund), you will have to decide what ...

The latest delay to the introduction of the State-backed auto-enrolment pension scheme will come as welcome news for some businesses who see it as an additional cost being deferred at a time of ...

What Rachel Reeves’ pensions revamp means for your retirement pot - and will you really see £6,000 more? There will be economic benefits to grouping pension pools together - but more risky ...

Growth in Australia’s booming A$4.2 trillion ($2.7 trillion) pensions industry pushed another firm into the so-called mega fund category, a further sign of the country’s swelling retirement ...

Explore how the Two-Pot System will reshape divorce settlements in South Africa, particularly regarding pension rights and the responsibilities of non-member spouses.