Fight against 'shockingly large' liberation transfers may require law change

clock •

Legal changes may be required to stop the "shockingly large" volume of transfers to pension liberation schemes, a lawyer warns.

Pinsent Masons senior associate Ben Fairhead said although The Pensions Regulator (TPR), HM Revenue and Customs (HMRC) and the wider industry are making efforts to tackle the scale of pension liber...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Naomi Rainey

View profile
More from Naomi Rainey

Essex fire authority discovers £15m pensions black hole

Discount rates for blue chip schemes on the rise

More on Law and Regulation

A fiduciary in sheep's clothing? Fiduciary management v OCIO
Law and Regulation

A fiduciary in sheep's clothing? Fiduciary management v OCIO

Questions around OCIO become increasingly pertinent as they become more prevalent

Jonathan Gilmour, Nicholas Baines and Tom Purkiss
clock 24 December 2024 • 4 min read
Government must collaborate with industry to ensure pension investment in UK
Law and Regulation

Government must collaborate with industry to ensure pension investment in UK

Lou Davey says partnership essential to avoid unintended consequences

Lou Davey
clock 23 December 2024 • 4 min read
SPP: The potential impact of bringing pensions into the inheritance tax regime
Law and Regulation

SPP: The potential impact of bringing pensions into the inheritance tax regime

Richard Wyatt says putting pensions into the IHT regime is like fitting a square peg in a round hole

Richard Wyatt
clock 19 December 2024 • 3 min read
Trustpilot