Since pension freedom reforms were introduced in 2015, HMRC slaps extra tax on any initial sum taken from a fund on the assumption it could be month one of a series over the rest of a tax year.
Since pension freedom reforms were introduced in 2015, HMRC slaps extra tax on any initial sum taken from a fund on the assumption it could be month one of a series over the rest of a tax year.
Good morning and welcome to your Morning Briefing for Friday 23 February 2024. To get this in your inbox every morning click here. TPR to strengthen regulatory grip The Pension Regulator (TPR) has announced organisational changes to ensure pensions continue to deliver good outcomes for savers while strengthening its