The eu rules on social security coordination cover old age invalidity and survivors pensions in principle they apply to state pension schemes and not to occupational or private schemes in order to overcome obstacles to free movement related to these supplementary pensions the european council . The latest news on pensions for your business sign up to receive pensions law update pensions law update october 2018 combatting pension scams the revised code of good practice. 22 pros of annuities you do not have to put all of your pension pot into an annuity one of the benefits of the new pension laws is that you can take 25 of your pension pot tax free. Commission welcomes deal to improve rules for occupational pensions brussels 30 june 2016 the eu has today agreed new rules for work pension funds to improve the way they are governed and enhance the clarity of information provided to pension savers. The current legislative requirements in part 3 of the pensions act 2004 to fund a private sector defined benefit occupational pension scheme up to the level of its technical provisions is derived from the eu directive on the activities and supervision of institutions for occupational retirement provision 2003 41 ec the iorp directive
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