Over £1.1bn has been reclaimed in overpaid pensions tax since freedoms were introduced
Chancellor felt ‘forced’ to act as number of people caught increased
Fieldfisher’s Jeremy Harris urges schemes to take account of the new allowances
ACA warns of ‘unintended outcomes’ if draft legislation is not swiftly finalised
PP’s regular columnist looks at HMRC’s idiosyncratic approach to simplification
HMRC pension pot changes, Smart Pension consolidation, and USS consultation
James Carter says the work to remove the LTA from April 2024 shows why stability is needed
Industry dubs latest HMRC figures ‘absolute disgrace’ as more than £1bn is repaid to savers
The decision could have implications for both the members and the schemes
Members who hold valid enhanced or fixed protections will be able to accrue new benefits