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
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?
- posted 14 years ago