Tighter controls are needed to prevent SSAS being used as pension liberation vehicles.
The way alleged pension liberation schemes were operated after their inception is evidence they are not occupational pension plans, a lawyer for The Pensions Regulator (TPR) has argued.
The current High Court case regarding pensions liberation does not have the scope to end the practice, a Chancery Division judge has warned.
Retirement Planner's round-up of the top pension stories this week.
A high-profile court case to determine whether pension liberation schemes are illegal will begin on 16 July.
The Pensions Regulator (TPR) is preparing for a high-profile court case against an alleged liberation fraud operation in the hope it will secure a clear ruling that the practice is illegal.
Retirement Planner's round-up of the top pension stories this week.
In this week's quick fire poll we ask: Are SME owners 'risking' their pensions by using them to fund investments to bring capital to their firms?
In this week's quick-fire Retirement Planner poll we ask: Have you or your clients been targeted by pension liberation firms?