PSI.Part25 - Flexibility in Pension Provision
Contents
Section 1 – Introduction
Section 2 – Annuity Deferral/Income
Drawdown
Section 3 – Heading
Section 1 –
Introduction
| PSI25.1.1 | General |
| PSI25.1.2 | Availibilty |
| PSI25.1.3 | Schemes providing both money purchase and defined benefits |
| PSI25.1.4 | Contracted-out Money Purchase Schemes |
| PSI25.1.5 | Limited price indexation |
| PSI25.1.6 | Small Self-administered Schemes |
| PSI25.1.7 | Simplified defined Contribution Schemes |
| PSI25.1.8 | Adoption of the flexibility provisions |
| PSI25.1.9 | Model rules |
| PSI25.1.10 | Non-standard documentation |
| PSI25.1.11 | Endorsement of buy-out contracts |
| PSI25.1.12 | Documentation for SSAS and insured self-managed schemes |
Section 2 – Limits on
Benefits Payable to Ex-spouse
| PSI25.2.1 | Eligibility |
| PSI25.2.2 | Member’s election for income drawdown |
| PSI25.2.3 | Surplus check |
| PSI25.2.4 | Calculation of income drawdown |
| PSI25.2.5 | Varying the amount of pension under income drawdown |
| PSI25.2.6 | Augmentation of benefits |
| PSI25.2.7 | Valuation of pension in payment under income drawdown for retained benefit purposes |
| PSI25.2.8 | Recalculation of maximum annual pension |
| PSI25.2.9 | Insured money purchase schemes and buy-out (section 32) contracts |
| PSI25.2.10 | Purchase of annuities |
| PSI25.2.11 | Phasing the purchase of annuities |
| PSI25.2.12 | Lump sum benefit |
| PSI25.2.13 | Death of a member during income drawdown |
| PSI25.2.14 | Lump sum death benefits |
| PSI25.2.15 | Payment of a pension/annuity |
| PSI25.2.16 | Widows', widowers' & dependants' own right pension |
| PSI25.2.17 | Transfers |
Section 3 – Flexible Use of
AVCs
| PSI25.3.1 | Intoduction |
| PSI25.3.2 | Availability |
| PSI25.3.3 | Sources of AVCs |
| PSI25.3.4 | Continuation of contributions |
| PSI25.3.5 | AVC benefits paid early |
| PSI25.3.6 | AVC benefits paid with employer funded benefits |
| PSI25.3.7 | AVC benefits paid late |
| PSI25.3.8 | Schemes with a low NRA |
| PSI25.3.9 | Maximum limits on benefits from all sources |
| PSI25.3.10 | Surplus AVC regulations |
| PSI25.3.11 | Death of member while receiving AVC income drawdown |
| PSI25.3.12 | Death of member before taking AVC income drawdown |
| PSI25.3.13 | Guarantees on a pension from AVC funds |
| PSI25.3.14 | Transfers |
