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