Try GOLD - Free
Class of 2015 enjoy pension at the double
Scottish Daily Express
|March 12, 2025
PEOPLE who took control of their retirement savings following the 2015 “pension freedom” reforms have reaped the rewards by almost doubling their money over the last decade while also taking income along the way.
The popular reforms scrapped the obligation to use pensions to buy a lifetime annuity, allowing savers to leave their money invested while “drawing down” regular income or lump sums.
Those who did this by following the widely recommended ‘4% rule’ — also known as the safe withdrawal rate — have generated plenty of income and growth.
Someone who started with a £100,000 pension pot in April 2015 and took 4% a year via flexible drawdown would have seen their pot grow to £189,000.
And they'll also have withdrawn £47,779 in total income.
This story is from the March 12, 2025 edition of Scottish Daily Express.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Scottish Daily Express
Scottish Daily Express
Poundland aims to cash in as closure drive ends
Store chain survived crisis
1 min
January 24, 2026
Scottish Daily Express
Don't leaf me out in the rain, Mum...
ORANGUTAN mum Muria tries to keep her son dry in a downpour by grabbing a few leaves for shelter.
1 min
January 24, 2026
Scottish Daily Express
SMITH QUICK TO EASE FEARS OVER DOBIE
FRANCO SMITH insists Jamie Dobie's Scotland involvement isn't in any doubt.
1 mins
January 24, 2026
Scottish Daily Express
Leaving Houston is no problem for Osi
ABERDEEN v LIVINGSTON
1 min
January 24, 2026
Scottish Daily Express
ODDS AND NODS
William HILL
1 min
January 24, 2026
Scottish Daily Express
Back from the dead
Corriedale brought jaw-dropping shocks, not least the return of the late Graham Foster. Emmerdale’s Andrew Scarborough tells us more
3 mins
January 24, 2026
Scottish Daily Express
Eliminate Joint Pain in Just One Day!
Doctors nationwide are cancelling hip and knee surgery for their patients.
1 min
January 24, 2026
Scottish Daily Express
Grey Dawning doubt
GREY DAWNING will miss the Cotswold Chase if the ground at Cheltenham today is “really heavy”, his trainer Dan Skelton cautioned yesterday.
1 min
January 24, 2026
Scottish Daily Express
THE FAST LANE
Mangan mudiover to get the better of Skelton star
2 mins
January 24, 2026
Scottish Daily Express
Having a ball
Bridgerton is back and there's love in the air for Benedict and the mysterious Sophie
2 mins
January 24, 2026
Listen
Translate
Change font size

