Many people have not understood the tax implications of drawing down their money, meaning that savers withdrawing pension cash are handing over millions of pounds in income tax.
Italy is defying the EU over public spending. But this time, the markets won’t come to Brussels’ aid. That’s going to be a big problem for the EU.
There’s a long way to go before Brexit is anything like a done deal. But whatever happens, says John Stepek, it is likely throw up a fair few buying opportunities. [...]