In last week’s Budget, the Government announced what it described as “the most fundamental reform to the way people access their pensions in almost a century”. A wide ranging series of radical changes have and will be introduced to the pension system.
The Trustees are aware that some of these changes will impact the Kingfisher Pension Scheme’s membership and are currently reviewing their policy and legal documentation which will be impacted by these changes.
We will be contacting the membership within the next 12 months should any of these changes impact them directly.
To read the Government’s summary of some the changes which impact the pensions systems please click here.
