Tuesday 22 May 2012

Poll

Should the government commit to a ten year moratorium on key pension rule changes?:

Fraud

FSA, HMRC and TPR warn against early release pension offers

Consumers have been warned to steer clear of pension offers that claim to be able to provide loans or release tax-free cash from people’s pension pots before they reach age 55. They may lose their entire pension and face tax charges of up to 55%. The Pensions Regulator, Financial Services...
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PPF raises fraud levy

The board of the Pension Protection Fund has announced via a frequently answered question that it will raise a Fraud Compensation Levy for 2011/12 at the rate of 25p per scheme member.
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