Investment & wealth advice
Pension lump sums - is it time to change retirement strategies?
My friend has a beautiful new conservatory that she calls her “panic room”. She had read too many stories before last November’s Budget about the chancellor scrapping pension tax-free lump sums or dramatically cutting them, so she cashed in hers and spent it. A record 211,000 people withdrew tax-free pension money in the 2024-25 financial […]
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16 hours ago