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ACA: more certainty is needed if Freedom and Choice will be expanded to DB
More clarity is needed following an HM Treasury release of technical tax documents in a bid to avoid a “tax limbo” for defined benefit (DB) schemes and their members, the Association of Consulting Actuaries (ACA) warns.
Last week, HM Revenue & Customs (HMRC) launched a consultation on changes to pension taxation that Lane Clark & Peacock said could result in significant "back door" changes to the pensions tax regi...
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