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The Association of Member-Directed Pension Schemes (AMPS) has rejected a call to outlaw SSAS schemes to cut down on pension scams and says it is “stunned” the idea has been proposed.
The Association of British Insurers has urged the government to put on hold its plans to curtail tax relief for pension freedom users.
An executive director at The Pensions Regulator has called for pension transfers to SSAS to be banned.
A Treasury rule change on pensions jeopardises retirement saving plans for millions, Hargreaves Lansdown says.
A deluge of spam emails and texts from ‘cowboy’ firms could replace pensions cold calling when it is banned, the ABI fears.