Analysis finds savers have recouped more than £1.5bn since 2015 introduction of pension freedoms
No cancellation rights for tax-free pension cash
Reminded firms that, in practical terms, no cancellation rights exist on PCLS
MTD initiative is aimed at modernising and simplifying the tax system
Claim numbers hit 12,767 in second quarter
Reports prompt outrage from farmers
Unused pension funds will fall under IHT scope from April 2027
HMRC collects £100m more than last year in first quarter of tax year
Move expected to raise £1.5bn annually
A complex, often overlooked threat