A freezing order blocking pension ‘unlocking' companies moving more than £1m worth of assets abroad has been secured by Dalriada Trustees.
Trustees need better advice on qualifying recognised overseas pension schemes to stop them being targeted by ‘smash and grab' schemes, a provider says.
Sebastian Cheek looks at the latest Treasury consultation
The government has identified two broad options for changing the tax rules governing employer asset-backed contributions to defined benefit schemes.
The Pensions Regulator has said it will run some form of hardship policy for employers who cannot afford to comply with employer duties.
HMRC has backtracked on rules that could have left some investors trapped in poor personal pensions, in response to pressure from pension providers.
Members retiring on incapacity grounds could face a hefty tax bill if they fall into a gap between scheme rules and new exemptions from the annual allowance test, a lawyer warns.
Regulation amendments that require scheme administrators to provide individuals' National Insurance numbers to HM Revenue & Customs could go "horribly wrong", a lawyer warns.
HM Revenue & Customs has relaxed anti-forestalling rules for pension transfers.