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1 February 2022 What kind of lifestyle does a £1 million pension buy?

A million-pound pension can provide you with financial freedom in retirement, but it may not deliver the millionaire lifestyle you think. Having access to a £1 million can conjure images of an extravagant lifestyle, from chartering yachts to hitting designer shops. While having a £1 million...

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1 February 2022 Pension drawdown: Are you taking a sustainable income?

Flexi-access drawdown can provide retirees with more freedom to create an income that suits their lifestyle. However, Financial Conduct Authority (FCA) figures suggest that many retirees are taking unsustainable amounts from their pensions. It could mean they run out of money during retirement. The government introduced...