41 Pension flexibility: drawdown
Finance Act 2014 (2014 c 26) | Legislation

Chapter 4
Other Provisions

Pensions

41  Pension flexibility: drawdown

(1)     In section 165(1) of FA 2004 (rules about payment of pension by registered scheme to member) in pension rule 5 (payments of drawdown pension in a year not to exceed 120% of basis amount for year) for “120%” substitute “150%”.

(2)     In section 167(1) of

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