Scenario:
A person has commenced drawing down their ARF,(AMRF has been actioned + 25 % tax free lump sum taken re DC scheme).
if they, subsequently, take up a new employment, can they continue the above DC drawdown, and at the same time, contribute to that new employers pension scheme if it is:
Thanks for the clarificatiin. They are mid 50’s so no issue there.
in scenario 1) Private Company,DC Scheme
when the person leaves that position, theywould be entitled to 25 % of that pension scheme total, (Tax free)and The balance goes to a 2nd ARF, and nothing to AMRF, as that criteria had previously been satisfied?
when the person leaves that position, theywould be entitled to 25 % of that pension scheme total, (Tax free)and The balance goes to a 2nd ARF, and nothing to AMRF, as that criteria had previously been satisfied?