Pensions

One in ten (10%) planning to retire this year expect to withdraw their entire pension savings as one lump sum, risking a potential tax bill shock and their future retirement income, according to research by Prudential.
The Russian government has voted in favour of increasing the state pension age, resulting in protests and a drop in President Vladimir Putin’s approval ratings
Pensioners have some real worries about where they will live once they reach the age of 70, according to new research
A tax-free cash lump sum is often considered the reward for many years of hard saving into a pension.

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