Protected rights pension - retirement options ?


D

Daytona

I was getting my head around the income withdrawal GAD rates yesterday
when I noticed that they mentioned protected rights schemes, inferring
that income withdrawal could apply to them -

"Instructions and tables for withdrawals from non-protected rights for
all "reference dates", and for withdrawals from protected rights for
"reference dates" after 5 April 2005"

<URL:http://www.gad.gov.uk/Pensions/Income_drawdown.htm>

No other details were given and I can't find any other references.

So is income withdrawal from a personal stakeholder pension an option,
post A-day or whatever it's called ? I thought that you could only
purchase a protected rights annuity from a PR pension.

Thanks

Daytona
 
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