Subscribers will still have to invest the minimum prescribed portion of their retirement corpus into annuity products to ...

PFRDA's new NPS retirement income scheme allows phased withdrawals while keeping pension corpus invested longer ...

The PFRDA has launched Retirement Income Schemes and drawdown facilities under the NPS, allowing subscribers to withdraw ...

Under the new framework, subscribers will be able to withdraw a designated portion of their pension corpus in phases through ...

The government has amended legislation to allow Nest to provide "flexi-access drawdown" as the Pension Schemes Act introduces decumulation requirements for DC providers.

NPS Scheme: The pension regulator has launched Retirement Income Schemes (RIS) along with new drawdown options, allowing ...

Pension drawdown is a flexible way to take income from a pension pot on retirement. This is an alternative to using the money to buy an annuity (which, in return for a lump sum payment, guarantees to ...

Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...

Rising interest rates have made annuities a more attractive option for retirees accessing their pension, but it is important to choose the right route for you. How to find and add lost pensions to ...

The number of pension pots fully cashed in rose by 105,038 in the 2024-25 tax year compared with seven years ago, increasing ...