Government attempts to stop people using A-Day changes to recycle pension savings are "fruitless", an independent consultant claims.
April’s A-Day simplification changes created a loophole that allowed people over 50 to withdraw up to 25pc of their pension pot tax-free which could then be reinvested in another fund and accumulat...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here