HMRC

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.

Control of Freedom SIPP has been given to Mattioli Woods by the scheme's liquidators.