Protected rights pension - retirement options ?

Feb 20, 2006 0 Replies

I was getting my head around the income withdrawal GAD rates yesterday when I noticed that they mentioned protected rights schemes, inferring that income withdrawal could apply to them -



"Instructions and tables for withdrawals from non-protected rights for all "reference dates", and for withdrawals from protected rights for "reference dates" after 5 April 2005"


No other details were given and I can't find any other references.



So is income withdrawal from a personal stakeholder pension an option, post A-day or whatever it's called ? I thought that you could only purchase a protected rights annuity from a PR pension.



Thanks



Daytona


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