Tax & Technical
Pension freedoms ‘a failure’ without guidance and advice
Savers deemed retirement system a ‘minefield’ as they struggle to understand how it works
Fraud suspect changes plea in £13.7m pension transfer case
After previously stating he was not guilty
FCA splashed out £41,000 for Christmas anti-fraud jingle
Regulator sought ‘innovative approach, using music to helping people avoid being scammed’
HMRC refunds £835m in overpaid tax on pension withdrawals
But advisory firm believes total is likely to be in ‘excess of £1bn’
UK extends video witnessing of Wills to 2024
It is likely to remain a ‘temporary measure’ as solicitors prefer in-person meetings