HMRC confirms overseas pension transfer advice requirement
Response to 2016 consultation
HM Revenue & Customs (HMRC) has confirmed it will maintain the requirement for savers giving up "safeguarded" benefits worth £30,000 or more transferring to an overseas pension scheme to take regulated advice from a UK-based adviser.
In 2016, the government issued a call to evidence on the advice requirement on overseas pension transfers, which ran from 30 September to 23 December. It received 52 responses, more than half of which...
More on Regulation
FCA opened 67 investigations into DB transfer advice over last three years
Consumer complaints against firms for misadvised DB transfers also rising
'Take the pledge': Regulator urges united front on pension scams
Public commitment
Revamped wake-up packs 'fail to boost' pension freedom guidance take up
Changed in November last year
Alistair Wilson: Three issues FCA must solve in 180-day property redemptions plan
The question is: what is the right thing to do?
Treasury opens pensions tax relief admin consultation and admits past failings
Admits past failings
More news
MPs call on FCA to do more for British Steel victims
Regulator 'follows not leads'
Advisers urged to encourage 'frugal' retirees to spend more
6.4% of over 80s saving for end of life needs
Regulator set to cap 'excessive' CMC fees
Maximum 30% of redress
Aviva set to continue work from home following pandemic
Staff can come in if they wish
The Art of Finance to host exam revision workshops
Two-day remote learning sessions
