A guide has been produced to improve flexibility in retirement that allows pensioners to create an approved drawdown contract instead of buying an annuity.
Download improving flexibility in retirement guide (size 284kb)
Practice notes to provide additional information in respect of retirement annuity trusts, which are mandatory for trustees and financial advisors
Details about the list of transfers that are allowable between approved pension schemes
Information about the conditions a self-administered retirement annuity contract must meet to gain approval
Information about permitted and prohibited investments for approved article 131B contract funds
Practice notes for occupational pension schemes, including contributions by employers and employees, and benefit on retirement
An appendix to occupational superannuation funds and pension schemes dealing with small self-administered schemes
A step-by-step guide for trustees to calculate the annuity equivalent in place of a traditional annuity contract
The statement of practice for a tax exempt overseas resident personal pension plan vehicle
Find out about the consequences of the above on UK and Guernsey superannuation funds that have property income arising in Jersey