Two months on from the government change to the retirement rules, Kevin Rose looks at retired life after compulsory annuitisation.

First published:
What Investment

Date of publication:
1 June 2011

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Those retiring with large pension pots will benefit most from recent changes to pension rules, but everyone facing imminent retirement should study the new rules and the options now available.

A key change to pension rules came in on 6th April. The new tax year saw the end of so-called ‘compulsory annuitisation’, whereby people had to buy an annuity with their money purchase pension pot by the age of 75.