Pension firm calls for more information to fight liberation scammers

There has been an alarming rise in the number of dodgy firms offering to unlock a person's pension before they are legally entitled to it at the age of 55, which incurs a massive tax charge on top of the sky-high fees charged by the liberators, the Daily Mail reports. Some are simply operating in grey areas at the limit of the pensions law, but many going beyond this pose as legitimate pension providers by registering themselves as occupational pension schemes with HM Revenue and Customs and The Pensions Regulator. But Neil MacGillivray, of the pension provider the James Hay Partnersh...