Pensions freedom technical issues begin to surface
Scheme pensions 'left islolated' under freedom and choice
Draft legislation which clarifies the position on joint life annuities and guarantee payments, as well as tax treatment on deaths prior to age 75 has been released by HM Revenue & Customs (HMRC).
People who opted to take greater retirement income through the money purchase scheme pension option have been left unable to take advantage of pensions freedom, a provider has said.
Myth busting: Unpicking death benefit changes