When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

Set to come into effect from April 1, 2025, the Unified Pension Scheme will be available to eligible central government ...

For help evaluating a lump-sum offer, consider consulting a fiduciary adviser who is committed to acting in your best interest. The adviser can calculate the present value of your future pension ...

“The lump sum gives us the opportunity to better ... a video on how to take a pension payout, and links to pension calculators and a retirement income planning tool. Gerald Foster of Seattle ...

individuals can use a pension calculator. It provides a projection of the expected pension and lump sum amount at maturity based on various factors. These include regular monthly contributions, the ...

It's a common lament that old-fashioned defined-benefit pensions—the kind that pay a guaranteed monthly income for life—are rare nowadays. And for public-sector employees, they might become ...

Making pension withdrawals without first seeking advice could affect your tax bill and entitlement to benefits ...

New research from Legal & General (L&G) reveals that one in five (21%) people who withdrew a cash lump sum from their pension pot did so as soon as ...