Company Pension, A-day, and Age discrimination

The BBC is today reporting that some new pension rules are being
delayed until December 1. Further, the article suggests that Industry
(employers and/or finance companies) are seeking changes to the
previously proposed rules. The government is allowing more
consultation:
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Do the rules, today, allow a lady, age 61, to take her small,
defined-contribution company pension(s) while continuing to work for a
very small firm of fewer than 5 employees? She has 3 non-state
pension funds - one from a previous employer, a smaller one now closed
from her present employer, and a stakeholder pension fund of her own.
She already receives an 'old-age pension' from the state.
Can she take any or all of these today, and continue working? She
thinks that that was one of the A-day changes, to encourage people to
continue in work.
As a supplementary, anyone know if the new rules as in the BBC
article, or changes sought by Industry, are likely to affect what she
can do from December 1?
______________
best wishes,
Ron
Reply to
Ronnie
Well, for starters, I'd take it from the horses mouth rather than a third party - . The links their will help you investigate further.
Daytona
Reply to
Daytona
I read the HMRC page but am none the wiser. Anyone able to provide a lucid explanation?
| | >The BBC is today reporting | | Well, for starters, I'd take it from the horses mouth rather than a | third party - | . | The links their will help you investigate further. | | Daytona
Reply to
Stickems.
Thanks - I used the Pensions advisory service site
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which more or less answered most of the queries about the 61 yr old lady, well, other than the stakeholder.
But I still don't understand what the new 'mini consultation' mentioned in the press release is about, nor whether something might happen that would benefit or disadvantage the lady in December.
______________ best wishes, Ron
Reply to
Ronnie

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