Pensions or annuities purchased from funds other than drawdown pension or flexi-access drawdown funds

This requirement applies where a registered scheme has used funds (otherwise than from a drawdown pension fund; see ¶392-500 or a flexi-access drawdown fund; see ¶392-520) to purchase from an insurance company either a scheme pension (see ¶392-250) or a lifetime annuity (see ¶392-350) for a member.

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.