Video interview: Richard Parkin on proposed cut to MPAA

In this short video, Parkin explains the government has always limited the pension tax breaks available to people who have accessed their pension flexibly. The aim of the proposed cut in the MPAA, however, is to stop people "recycling" money from their pension as new pension contributions and effectively generating "free money". In addition to running through the government's proposals, Parkin discusses how effective the measure is likely to prove, whether there are any alternatives and the sort of action advisers should now be commending to theirclients. In last month's Autumn Statem...