Tax & Technical
UK parliament unveils inquiry into British Steel pension scandal
FCA, ombudsman and lifeboat scheme to be questioned
British Steel pension transfer advice unsuitable in 47% of cases
Members have lost £18m in redress due to firms entering liquidation
Momentum Pensions clients still in dark over compensation
But firm says they will be given a ‘full and transparent breakdown’
DB transfer red flags trigger 500 member interviews
But it is not yet clear if measures ‘are genuinely protecting consumers’
UK expats returning from Ukraine may face large tax bills
HMRC asked to take a lenient approach towards individuals forced to come back to Britain