Sweeping changes to pensions were introduced from 6 April 2015. These new rules alter significantly the way in which defined contribution pensions are accessed by members and appear to make pensions a possible vehicle for generational planning. However, it remains to be seen how the new flexibility will operate in practice.
Our personal wealth and families team have put together a briefing note on what these changes may mean for you. To download a copy of this summary, please click here.