High Court call to outlaw pension liberation

The Pensions Regulator wants to play claimant and defendant in an odd High Court case to test the legality of pension liberation schemes. The point the regulator wants clarified is whether a retirement saver can transfer a pension into a company fund run by a firm that does not employee them. To do this, the […]

HMRC To Axe Hundreds Of Pension Liberation Firms

Hundreds of dubious pension firms servicing discredited pension liberations schemes face closure by HM Revenue and Customs. An HMRC task force has been combatting gangs of alleged fraudsters as part of the secret Project Bloom. Duped retirement savers have helped compile a list of almost 500 pension providers involved in pension liberation. The Financial Conduct […]