Here's a round-up of five key retirement and advice stories from the past week...
HMRC tightens grip on pension scheme registration to combat liberation fraud Pension administrators will be required to provide HM Revenue & Customs (HMRC) was additional information before setting up new schemes as part the crackdown on pension liberation. HMRC said the additional measures build on its fit and proper persons registration requirements. Scheme pension members left ‘disadvantaged' by Budget changes People who opted to take greater retirement income through the money purchase scheme pension option have been left unable to take advantage of pensions freedom, a pro...
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