The Finance Bill 2013 opened up a 3-year window of opportunity from 27 March 2013 (i.e. the date of passing of Finance Act 2013) during which members of occupational pension schemes could opt (by making an irrevocable written instruction to their pension fund administrator) to draw down, on a once-off basis only, up to 30% […]
Tag Archives: pension
UK State Pension ‘top up’ scheme From UK Department for Work and Pensions: From the 12th October 2015, a new scheme is being launched in the UK helping anyone reaching State Pension age before 6 April 2016 to safeguard their long-term financial security. Men aged 65 or older and women aged 63 or […]