Rachel Dalton looks at how schemes are coping with the changes to tax relief
The fight against pension liberation scams would be easier if The Pensions Regulator had more power to act, TPR chairman Michael O'Higgins says.
Her Majesty's Revenue & Customs (HMRC) has issued a warning to consumers vulnerable to "unscrupulous" firms offering to help them access their pension savings early.
Most contributors thought the failure of the Wheels test case would not have a big impact in schemes. The bid to secure tax relief on VAT paid on investment management charges was rejected by the European Courts of Justice earlier this month.
The latest fraud is just the tip of the iceberg, says Hannah Brenton
Today’s babies need all the help they can get with saving, says Jonathan Stapleton
The National Association of Pension Funds and Wheels Common Investment Fund have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit schemes.
Legal & General will increase scrutiny on pension transfer requests in a bid to combat pension liberation schemes.
MPs may be forced to debate a controversial plan to halt age-related tax allowances, in a move dubbed a ‘granny tax', after an online petition opposing it garnered almost 100,000 signatures.