HMRC

Michael Klimes examines what additional obligations money laundering rules introduced in June may put on schemes

More than 10,000 counts of tax overpayment relating to pension freedoms have led to a £26.8m bill for HM Revenue & Customs (HMRC), latest data has revealed.

Withdrawals have hit £10bn barrier

Average amount accessed per person continues to fall

Robin Ellison says we need a change in HMRC's approach to dealing with pension tax issues

The reduction of the annual allowance in 2014 has caused a significant rise in the number of people breaching the limit.

Mike Morrison looks at the recent Staveley case which could highlight issues for those wishing to consolidate pensions in the run up to retirement

This week's top stories included the latest figures on pension withdrawals since Freedom and Choice, and the effect of President Donald Trump on DB deficits.

Flexible payments from pension rose to £5.7bn in 2016 as people increasingly sought to take advantage of the freedoms, according to HM Revenue and Customs' (HMRC) figures.

Geraldine Brassett asks whether we are seeing Groundhog Day or déjà vu with GMP reconciliations.