Blog

New Pension Rules for 2011

This month the Government announced the major changes that it intends to make to the way in which retirement benefits may be taken from pensions from 6 April 2011. These include the abolition of the requirement to take an annuity at age 75, and the introduction of new ‘Capped’ and ‘Flexible Drawdown’ arrangements. In this article we summarise the Government’s new pension provisions. Read more