Multiple choice general knowledge

What was IPP called before got it name as Individual Pension Plan?

  1. S226

  2. S326

  3. S236

  4. S222

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Individual Pension Plans were originally called S226 plans, named after the section of the UK Income and Corporation Taxes Act 1970 that governed them. This section provided the tax framework for personal pensions.