Will be able to instruct scheme administrators to pay
Unused allowance transferable between spouses and civil partners
Compensation payments exempt ‘regardless of the circumstances’
Amid significant regulatory, compliance and liquidity challenges
Aiming to reduce costs and improve quality of data
PIMFA’s Simon Harrington touches on the reality of any changes
Speculation around gifting and trust taxation rules expected
Will integrate with Harridge Financial Services over a three-year timeframe