Flexible Drawdown definition
Flexible Drawdown means Income Drawdown with no maximum income limit, set up at any time;
Flexible Drawdown or “Flexi Access Drawdown” means an option for an individual to receive payments from their pension fund as they choose.
Flexible Drawdown means Income Drawdown with no maximum income limit.
More Definitions of Flexible Drawdown
Flexible Drawdown means Income Drawdown with no maximum income limit, set up at any time; “Government Withdrawal Charge” means a charge
Flexible Drawdown means Drawdown to which the limit in Pension rule 5 or Pension death benefit rule 4 (as appropriate) does not apply.
Flexible Drawdown means the facility to provide income withdrawal to a member, or a person entitled through a member, who satisfies the minimum income requirement and all other relevant conditions described in Schedule 28 to the Act.