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A consultation looking at a new law to ban pension cold calls has been announced by the Government this afternoon.
A new law to ban pension cold calls must be prevented from having a “chink in the armour” by failing to include investments, an adviser heading the campaign says.
During the summer, HMRC unexpectedly began challenging Sipp providers on whether net pension contributions can be made in specie, (that is, a change of legal ownership without sell/buy transactions).
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The Financial Conduct Authority wants the fund sector to explore the potential benefits of greater pooling of pension scheme assets in an effort to cut costs as part of its review of the asset management sector.
The Association of British Insurers has published a guide aimed at stopping the use of “perplexing” language around pensions in the wake of the pension freedoms.