HMRC has secured an extra £2.7bn for the government's coffers by clamping down on tax avoidance and evasion in the last year, its annual accounts have shown.
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The Chartered Insurance Institute (CII) is considering launching a qualification for product providers' staff who are likely to deal with at-retirement customers.
There were more than 750 reported cases of pension liberation fraud last year, an increase on the previous 12 months, according to the latest figures.
PA's handy guide to pension transfer rules
Ministers have given out mixed messages on when the government will intervene against providers failing to offer full pension flexibility.
Ros Altmann could struggle to make her mark as pensions minister as ‘political oxygen' for further pension policy reforms is extremely limited, a consultant has said.
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Retirees could be heading into trouble as average pension pots require ten times more investment growth than they currently produce to realise desired levels of retirement income, according to research.