The ABI has published a language guide for communicating pension freedoms with the aim of simplifying pension jargon.
While implementation of the guide is voluntary it is hoped that firms will decide to adhere to it by April 2018.
Retirement options should be described as one of the following:
-You can keep your pension pot where it is
-You can take your whole pension pot in one go
-You can take your pension pot as a number of lump sums
-You can get a flexible retirement income
-You can get a guaranteed income for life
-You can choose more than one option and you can mix them
The 14th Annual General Meeting (AGM) will take place on Tuesday 8th October 2019 at the 1 Wimpole Street, London...Pensions Industry Stakeholder Forum - April Meeting
2nd Aug 2019 2:59 pm
HMRC have published the minutes from the April 2019 Pensions Industry Stakeholder Forum meetingPensions Industry Stakeholder Forum - October Meeting
7th Jun 2019 3:51 pm
HMRC have now published the minutes from the October 2018 meeting
4th Feb 2019 1:33 pm
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