Buying gilts (government debt) is another alternative to interest-bearing deposit accounts. Older gilts pay very low coupons ...

Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly pension benefits for life. Making this decision involves evaluating a number ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you might ...

A reader is concerned about the future of the tax-free lump sum, which was subject to speculation at the Budget ...

Traditional pensions are an endangered species in the private sector. But if you're lucky enough to have one, you may face a choice at retirement: Take the money as a lump sum, or as a monthly ...

One saver with three private pots, worth an eye-watering £1.7 million between them, has written into the Telegraph newspaper ...

I am 67 and have two self-invested personal pensions with £400,000 in total in them. I don't need this money to live on, as I ...