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Pension withdrawals fall 17% as savers show caution
HMRC has reported that £2.3bn was withdrawn from pensions flexibly in Q2 - a 17% fall year-on-year from the £2.8 billion seen in Q2 2019.
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SIPPs and SSAS savers owed stamp duty refunds worth £10bn
Over 120,000 SIPP and SSAS savers may be owed compensation of up to £80,000 each due to errors in relation to property transfers, according to Cornerstone Tax.
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MPs launch investigation into pension scams
The Work and Pensions Select Committee has launched an investigation into pension scams as part of its inquiry into pension freedoms.
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More protection for vulnerable clients on way
The FCA is to consult on tougher rules to protect millions of vulnerable consumers.
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Curtis Banks' Greg Kingston dies at 47
SIPP provider Curtis Banks has paid tribute to its group communications director Greg Kingston who has died at the age of 47 in a holiday road accident.
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