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A majority of pension transfers which raised an 'amber flag' warnings are as a result of an unknown reason or for transfers pertaining to overseas investments, according to data released by the Money and Pensions Service (Maps).
A majority of pension transfers which raised an amber warning flag were as a result of an unknown reason or for transfers pertaining to overseas investments, according to data released by the Money and Pensions Service (Maps).
An overhaul to the tax treatment of pension pots after death would improve the fairness of the tax system, according to the Institute for Fiscal Studies (IFS).
An overhaul to the tax treatment of pension pots after death would improve the fairness of the taxation system, according to the Institute for Fiscal Studies (IFS).
Pension pots should be included in the value of estates at death for the purposes of inheritance tax, according to the Institute for Fiscal Studies' 'Death and taxes and pensions' report.