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Pension drawdown: what is it – and does it come with tax implications?

Pension drawdown is a way of taking cash out of your pension pot and funding your lifestyle in retirement. But how does it ...
JD Supra

UK pensions: Designating for drawdown - HMRC rules tightened

Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...

What is retirement income scheme in NPS; how do SPR and SUR work?

Under National Pension System's (NPS) Retirement Income Schemes (RIS), subscribers can choose periodic payouts till age 85 via Systematic Payout Rate or Systematic Unit Redemption. The scheme aims to ...
Pensions Expert

The pros and cons of offering drawdown to your members

‘Pensions freedom’ as announced in the Budget provides defined contribution members with full flexibility and choice over their retirement income from next April. All schemes must offer flexibility to ...