UK taxman falls woefully short of 25% Qrops charge target
HM Revenue & Customs had expected to net £65m in 2017/18. Just 30 of the 4,700 qualifying recognised overseas pension scheme (Qrops) transfers...
QROPS NewsNews
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UK regulator shelves contingent charging ban for DB pensions
Industry split as contingent charging likened to commission. The Financial Conduct Authority has shied away from introducing a ban on contingent...
Pensions News -
New rules for UK pension transfers
Changes outlined for qualifications, guidance and advice models. The Financial Conduct Authority is taking forward all but one of its proposals aimed...
Pensions News -
Pension annual allowance penalties leap to £517m
Record 16,590 people paying penalty on 2016-17 pension contributions. The tax take from individuals paying a tax penalty for breaching the £40,000...
Pensions News -
Three areas UK taxman is ramping up IHT probes
HMRC is treating inheritance tax as an increasingly lucrative source of income. HM Revenue and Customs increased investigations into inheritance tax...
Trust and Estate Planning News -
Are pension freedoms still the right approach?
Increased uncertainty poses very clear challenges for the provision of pensions and advice, says FCA chief. The introduction of the UK's pension...
Pensions News