Aj Bell

Industry urges government to eliminate obstacles holding up genuine transfers

'Unhelpful uncertainty' surrounds the fanfare of abolition

Industry dubs latest HMRC figures ‘absolute disgrace’ as more than £1bn is repaid to savers

Industry letter to the Treasury calls for MPAA to be increased from £4,000 to £10,000

Aegon, Fidelity, and AJ Bell are also among the top ten

Just Group said adjusted for rising prices, the MPAA should have surpassed £12,000

AJ Bell calls for increase on £4,000 threshold to £10,000

Trade body says current tax rules discourage savers from using pensions to fund care

Some £45m was repaid to individuals in the final quarter of 2022 alone

All eyes on crucial pension tax issues trustees and their advisers will need to wade through