Policy paper

Increasing pension flexibility

This Tax Information and Impact Note explains changes being made to limits affecting the benefits that can be taken from registered pension schemes.

Documents

Increasing pension flexibility

Details

These changes include drawdown, commutation and taxed lump sums. Makes the tax system fairer and simpler by offering more flexibility for individuals who have taken the responsibility to provide for themselves in retirement.

Updates to this page

Published 19 March 2014

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