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The Government has missed a chance to crack down on pensions fraud through SSAS, a technical expert says.
Industry experts have bemoaned the failure of the Queen’s Speech to move the pensions dashboard scheme further forward and to tackle fraud.
Sipp provider @SIPP says there has been a 70% increase in new business for sales in the first quarter of 2016 compared to 2015.
Britain is stuck in the slow lane, lagging behind countries such as Australia, Sweden and the Netherlands when it comes to a pensions dashboard, the ex-Pensions Minister claims.
The pension freedom reforms are a “potential trigger for future mass mis-selling”, MPs have warned.