IR rule allowing members of defined contribution pension arrangements to defer the compulsory purchase of an annuity until age 75. During the deferment period the member may take ‘income drawdown’ within prescribed limits.
The Rantings of the barely human.
IR rule allowing members of defined contribution pension arrangements to defer the compulsory purchase of an annuity until age 75. During the deferment period the member may take ‘income drawdown’ within prescribed limits.