Section 273B of the Finance Act 2004 was introduced as part of the “pension flexibilities” changes and came into force at the end of December 2014. It gives defined contribution schemes’ trustees and ...
Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...
US-based media company Thomson Reuters has opted to provide in-scheme flexi-access drawdown to UK members in response to pension freedoms, bucking the trend for occupational trust-based scheme ...
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