and the employee’s position, a Flexible Benefit Plan is called such. Although pay components are normally allocated by the organization/HR, corporations should consider employees before assigning FBP in salaries. The changes, on the other hand, are secured by democratic accountability to prohibit th...
including capped drawdown, flexi-access drawdown, phased drawdown and tax-free drawdown. While it has become a popular option for taking retirement income since the introduction of Pension Freedoms in 2015, income drawdown is not new. It was first introduced in 1995 for the purpose of preventing...