Lump Sum Payments
Retired Brits to take holiday from pensionsThe top priority of Britons retiring in the next five years is heading off on holiday - but experts question whether this is an appropriate use of their pension fund. |
New backpacking generation spawned by pensions shake-upThe changes to pension rules could lead to the creation of a new, older generation of backpackers, research by Lloyds TSB Private Banking reveals. |
Overspending sees pensioners forced to borrowOne pensioner in four overspends in their first year of retirement, forcing them to borrow money to make up for this spending spree. |
Five million Brits selling their inheritanceOver five million Britons have sold on inherited items they do not want. |
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