Stephen is about to commence taking benefits from his personal pension scheme, which includes protected rights. He shoul

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Stephen is about to commence taking benefits from his personal pension scheme, which includes protected rights. He shoul

Post by answerhappygod »

Stephen is about to commence taking benefits from his personal pension scheme, which includes protected rights. He should be aware that:

A. He can take up to 25% of the total fund as a pension commencement lump sum
B. He has the right to exercise the open market option
C. His whole pension fund must provide limited price indexation in payment
D. The value of the protected rights element will not count towards the lifetime allowance
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top

This question has been solved and has 1 reply.

You must be registered to view answers and replies in this topic. Registration is free.


Register Login
 
Post Reply

Return to “Archived Questions & Answers”