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Staveley will be a familiar name to many. The test case for IHT treatment of pensions following transfer in ill health has been in the news many times since Mrs Staveley’s passing all the way back in December 2006.
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XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.
SIPP and platform provider AJ Bell has warned that the cost of reversing the increase in state pension ages could top £200bn.
The Pensions Regulator has revealed 39 firms have applied for master trust authorisation.
Pensions Minister Guy Opperman has admitted ‘significant’ problems with incorrect state pension forecasts in a letter to Royal London policy director, Steve Webb.