xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

SCHEDULE 16Benefits under pension schemes

Part 1Changes to benefits available under pension schemes etc

Meaning of “drawdown pension”

5For paragraph 7 (meaning of “income withdrawal”) substitute—

7Income withdrawal” means an amount (other than an annuity) which the member is entitled to be paid from the member’s drawdown pension fund in respect of an arrangement.