THE final member of a small self-administered scheme had to pay penalty tax charges after he tried to take £225,000 as a tax-free lump sum.
In Harry Thorpe v Revenue & Customs Commissioners an attempt by the trustee and only remaining scheme member to take all remaining scheme assets as a tax-free lump sum was rejected by the special commissioner....
In this week's Pensions Buzz, we want to know whether you think a contract-based, trust-based or a master trust arrangement would be best for a new defined contribution scheme.
The £28bn Brunel Pension Partnership has opened a tender for active equity managers to oversee around £1.8bn of the pool's assets.
RPMI Railpen has injected £7m of new equity into full-fibre internet service provider, Community Fibre.
The Pensions Regulator (TPR) is to prosecute Samuel Smith Old Brewery and chairman Humphrey Smith for failing to provide information and documents for an ongoing investigation.