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flag UK state pensioners may lose up to £63,000 over ten years by withdrawing funds before potential tax changes, warns AJ Bell, while Reform UK pushes for pension system overhaul.

flag State pensioners could lose up to £63,000 over ten years by withdrawing pension funds ahead of potential tax changes, according to AJ Bell, which warns panic withdrawals undermine long-term retirement security. flag Meanwhile, Reform UK’s Richard Tice is pushing for a shift from defined benefit to defined contribution pensions for new public-sector workers, citing £30–50 billion in annual liabilities, and advocating broader economic reforms akin to the 1980s Big Bang, including greater scrutiny of the Bank of England.

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