Bookmark Us
refunds

Displaying items by tag: refunds

Wednesday, 19 December 2018 09:00

Lisa Webster: A look back at 2018

2018 has been a quiet year in the world of pensions - no seismic changes or hacking of allowances makes for welcome relief.
Published in Comment and Blogs
The basic premise on contributions made to pensions is that once the money has gone in, you can’t get it out again until you reach retirement age (or earlier ill health or death). There are very few circumstances when exceptions can be made, and if a refund is made other than as permitted by HMRC, then it would be classed as an unauthorised payment with charges totalling up to 70% of the amount refunded.
Published in Comment and Blogs