Tax & Technical
Momentum Pensions loses appeals against clients in Malta
It claims this will have ‘potential wider repercussions’ for the industry
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’