Emergency Budget 2010 - Deferring pension
Date: Tuesday 22nd June, 2010
Author: Helen Price
Profile: Helen Price
Good news for those nearing age 75 and not wanting to take their pension benefits - there will be an end to the effective requirement to use a pension fund to buy an annuity by age 75 from 2011/2012. The government will consult shortly on the detail of the changes being introduced.
Good news for those nearing age 75 and not wanting to take their pension benefits - there will be an end to the effective requirement to use a pension fund to buy an annuity by age 75 from 2011/2012. The government will consult shortly on the detail of the changes being introduced.
Keywords: Emergency Budget 2010' Deferring pensions' 'Pensions'
Please note that the opinions expressed in this blog represent the views of the author and not the views of Mercer & Hole.
Discussion and Comments