SCHEDULES

SCHEDULE 1Pension flexibility etc

Part 1Drawdown pensions

Further drawdown amendments

9

In section 172B(2) (rights of a “relevant member”)—

a

omit the “or” at the end of paragraph (aa), and

b

after paragraph (b) insert

, or

c

rights representing the member's flexi-access drawdown fund or dependant's flexi-access drawdown fund in respect of an arrangement under the pension scheme.