Confirmation that cancellation rights for tax-free pension cash will not be allowed in any circumstances is an “unduly harsh” position and is not in keeping with achieving fair consumer outcomes, according to The Investing and Saving Alliance (TISA).
Last week, in coordinated statements, HM Revenue & Customs (HMRC) and the Financial Conduct Authority (FCA) clarified the interaction between tax legislation and regulatory rules on tax-free cash c...
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