SCHEDULES

SCHEDULE 1Pension flexibility etc

Part 1Drawdown pensions

Further drawdown amendments

23

In paragraph 17 of Schedule 29 (meaning of “drawdown pension fund lump sum death benefit”)—

a

in sub-paragraph (1)(a) for “under” substitute “ to be paid from the member's drawdown pension fund in respect of ”, and

b

in sub-paragraph (2)(c) after “at the date of the dependant's death” insert “ to be paid from the dependant's drawdown pension fund ”.