Posted on 24/02/2011 by
Global Administrator | with 0 comments
Martin Tilley states: 'When I first started in the pensions industry some 28 years ago, one of the first rules drummed into me was that the tax reliefs granted on contributions and growth within a pension scheme were allowed as the proceeds would provide an income in retirement for the life of the member.
Indeed, back in those days, annuitisation was compulsory to ensure this."
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