The government will not change the basis on which Government Actuary's Department (GAD) tables are formulated for income drawdown according to the Autumn Statement.
This comes after the government commissioned the GAD earlier this year to review tables to see if income drawdown rates are "a reasonable match to annuity rates." The Autumn Statement document s...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
