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Home / Simons-Taxes /IHT, trusts and estates /Part I5 Settled property /Division I5.6 Other favoured trusts /IHT and pension schemes / I5.635 IHT and alternatively secured pensions
Commentary

I5.635 IHT and alternatively secured pensions

IHT, trusts and estates

Prior to 6 April 2011, there was an effective requirement that once a member reached 75, he must either purchase an annuity, or take an alternatively secured pension (ASP)1.

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