UK taxpayers will pay HM Revenue and Customs (HMRC) £4.6bn more than they need to this year, according to a report.
Retirement Planner's round up of the top pension stories this week.
Andrew Meeson and Peter Spencer Bradley have been jailed for eight and half years each for their roles in a £5m pension tax fraud dubbed by a judge as "stealing money hand over fist".
The coalition government's staggered changes to tax law means advisers can boost their proposition by offering annual tax and pension reviews, according to Standard Life.
A group of Conservative MPs are set to publicly warn that a radical change of economic strategy is essential to revive the economy, the Telegraph reports.
The e-petition against the government's decision to freeze the personal tax allowance for people aged 65 and over has attracted more than 100,000 signatures.
A barrister convicted of tax fraud for failing to pay more than £600,000 in VAT was sentenced to three and a half years in prison today.
A barrister who failed to pay more than £600,000 in value added tax (VAT) that he instead spent on luxury homes has been convicted for tax fraud.