Hargreaves Lansdown pushes ASP petition

Tom McPhail, head of pensions research says his company is looking for as many signatures as possible from both members of the public and intermediaries to press the case the government should not look to perform yet another u-turn in pensions policy. McPhail says he does not expect the government to scrap ASP altogether, but notes it was this time last year when Gordon Brown performed his notorious u-turn on the taxation of residential property in Sipps. “Our fear is they’ll do something as similar,” he says. At heart of the argument, McPhail says, is noise from Ed Balls, economic se...