The fight against pension liberation scams would be easier if The Pensions Regulator (TPR) had more power to act against offending firms, its chairman Michael O'Higgins has said.
Skandia has expressed fresh doubts about negotiating preferential share classes with fund managers, instead focusing on launching unbundled share classes that will continue to pay rebates.
BlackRock has joined a growing list of fund groups to reject calls for a ‘super clean' share class, instead favouring a single stripped-down class to avoid adviser confusion.
The pensions industry needs a single regulator or gaps in scheme governance will harm savers, MPs have said.
Her Majesty's Revenue & Customs (HMRC) has issued a warning to consumers vulnerable to "unscrupulous" firms offering to help them access their pension savings early.
Bristol and West, which is owned by the Bank of Ireland, has lost an attempt at a Tax Tribunal to avoid paying about £30m tax on a £91m gain.
Ascentric has become one of the first platforms to explicitly rule out lobbying for super-clean share classes.
The 'super-wealthy' paid 10% more tax last year as a result of HM Revenue & Customs (HMRC) high net-worth unit which netted the Exchequer an additional £220m, the Telegraph reports.
A spate of professional negligence claims have been lodged against the promoters of tax avoidance schemes - including advisers - following a clampdown by HM Revenue & Customs (HMRC), according to Reynolds Porter Chamberlain (RPC), the City law firm.
Advisers setting up group personal pensions (GPPs) must add VAT to the charges they levy on employers, HM Revenue and Customs (HMRC) has confirmed.