Minister defends stance on anti-forestalling regs

Speaking at a keynote session at the Professional Pensions Show, Ellison, a former National Association of Pension Funds chairman, said the regulations were "causing havoc in the industry". He told the minister the industry was struggling with the regulations and they were a complicated mistake after hard fought pension simplification. Eagle said: "The anti-forestalling regulations are complex because the tax regime is complex. "If you look at the tax privileges that come with pension saving, and the amount of money that is given in those, and then you look at how it is distributed...