Trustees warned of 'regulatory gap' on direct access to DC pots

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Trustees have been warned of a lack of regulation surrounding new rules to allow pension members to access their defined contribution (DC) pots directly.

The draft Taxation of Pensions Bill published earlier this month introduced the uncrystallised funds pension lump sum (UFPLS) option as part of the Budget flexibilities (PP Online, 7 August). U...

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