SCHEDULES

SCHEDULE 1Pension flexibility etc

Part 1Drawdown pensions

Further drawdown amendments

11

In section 182(3) (value of arrangement for purposes of borrowing limits)—

a

after paragraph (a) insert—

aa

the amount of such of the sums and the market value of such of the assets as represent the member's flexi-access drawdown fund in respect of the arrangement (if any),

b

in paragraph (b) after “dependants' drawdown pension funds” insert “or dependants' flexi-access drawdown funds”.