The Budget pension freedoms are a tax collection measure set to drive short-term spending with long-term consequences, Punter Southall has warned.
Principal Danny Vassiliades said today that government figures showed the Treasury would net an extra £1.2bn in tax receipts in 2018-19 as a result of the reforms. "With this policy, [the Chancellor]...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.