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Pension professionals are unhappy that the Chancellor has ploughed ahead with the cut of the Money Purchase Annual Allowance.
Chancellor Philip Hammond is to impose a 25% tax charge on pension transfers to QROPS pension schemes from tomorrow (9 March).
The FOS has ruled a firm was wrong over its claims that a man it advised was an insistent client and ordered it to pay compensation.
The number of individuals breaching the annual allowance limit for pension tax relief rose by 79%, new figures have shown.
Talbot and Muir has changed its data capture process after HMRC ramped up its due diligence.
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