Chancellor under pressure to scrap 25% tax free lump sum

Chancellor George Osborne is facing increasing pressure to scrap the 25% tax-free lump sum people can take out of the pension pots ahead of next month’s Budget. Currently people can access 25% of their pension pots tax-free in a single lump sum when they reach 55. Think tank the Institute of Economic Affairs recently proposed the tax-free lump sum should …

Retirement ProfessionalsChancellor under pressure to scrap 25% tax free lump sum

Top 10 dream retirement destinations

The 10 places Brits most want to retire to. Is it a good idea? Where would you like to live out your golden years of retirement? Are you perfectly content with the drizzle, hassle, and complaints you have enjoyed during your working life in the UK? Or would you rather set out for pastures new? If you’ve had enough of …

Retirement ProfessionalsTop 10 dream retirement destinations