HMRC has come under fire for how it gathers tax from victims of pension liberation. However, could more be done to prevent members from transferring out in the first instance? Kristian Brunt-Seymour looks at the options.
At a glance: Protective assessment letters could remind members of the repercussions if they decide to transfer out early. Providers and independent government bodies should reinforce the dangers...
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'