Rupert Curtis and Nathan Bridgeman debate the issue of allowing members to take unauthorised payments from their SIPP
Nathan Bridgeman Nathan Bridgeman is director of pension consultancy at Talbot & Muir Some time ago we discussed the use of unauthorised payments with HMRC following demand from independent financial advisers (IFAs) who were looking to utilise pension legislation for tax planning with their clients. Before we launched our accelerated pension withdrawal (APW) facility we rechecked that not only does the legislation allow this but HMRC is happy with what we are doing. We have this in writing from HMRC and have always stressed that this is a facility that is used only after independent f...
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