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Pension savers who were overtaxed on Pension Freedom withdrawals have been repaid £535mm by HMRC since 2015.
A new report has revealed the best countries in Europe for retirees.
New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015.
The Pensions Regulator (TPR) intervened in the running of the London Borough of Barnet Superannuation Fund and says the scheme is now running more “effectively”.
Trade association PIMFA, which represents 1,000 investment managers and financial advisers, has called on the FCA to “raise the bar” instead of banning contingent charging.
A nursery and its main director are to be prosecuted by The Pensions Regulator (TPR) for trying to avoid providing their staff with a workplace pension.
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