UK - The Inland Revenue's decision to allow part-timers a second tax-free lump sum has come too late to benefit many members, lawyers claim.
Pensions Update 131 has been amended so members who were excluded from a scheme as part-timers – but who accrued benefits under separate full-time employment – can claim a second tax-free lump sum ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here