Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much risk, flexibility and security they want for the rest of their lives. The ...

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

Taking up to 25 per cent from your pension free of tax is a popular perk at retirement – so speculation that it could come under threat in the Budget is causing widespread dismay. Savers typically use ...