HMRC

Salary sacrifice cap, pre-97 inflation protection, DB surplus release, IHT and British Coal scheme

Industry welcomes change but warns blocking powers for executors could cause delays

Measure will come into force from April 2029

Louise Pettit and Richard Knight ask if changes will allow for one-off payments to members

Reports say chancellor has also decided against cutting pension lump-sum withdrawals

Analysis finds savers have recouped more than £1.5bn since introduction of pension freedoms in 2015

Group supports decision to remove pension admin responsibility for reporting

Lobby body criticises the approach as 'hardline'

Pensions professionals inadvertently caught up in HMRC push for tax adviser registration

Reminded firms that, in practical terms, no cancellation rights exist on PCLS