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MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.
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:: Scheme Member | A-Day: New Regulations from April 2006 | What was A-Day?
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What was A-Day?
A-Day was on 6th April 2006. It was an attempt by Government to simplify the rules that govern pensions in the UK by introducing a single set of new rules. The new rules swept aside nearly half a century of previous pensions legislation.
This Factsheet takes a very brief look at the main issues surrounding A-Day, including:
- Tax Relief
- Annual Allowance
- Lifetime Allowance
- Death Benefits
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This Factsheet is not yet available for Money Purchase members.
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