Business tax – guidance

Pension flexibility: new options from 6 April 2015

The rules on how you can access your defined contributions pension savings from age 55 are changing from 6 April 2015.

Detail

From 6 April 2015 the rules on how you access your defined contributions pension savings (also known as ‘money purchase’ savings) are changing.

This guidance publication from HM Revenue and Customs covers the 3 main options and explains how they are taxed.