Zurich has confirmed that it is working on a new flexi-access drawdown facility, which will be ready for April 2015 when radical pension changes announced in the Budget come into effect. The insurer ...
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 ...
Employers have been looking at a range of non trust-based drawdown solutions, say consultants, as trustee interest in providing flexi-access to members remains low. Up to April 6 this year DC savers ...
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 ...
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