Of interest to all pension schemes is TPR’s newly updated pensions liberation materials online, including a detailed action pack for trustees.
The updated materials include:
- a warning leaflet and booklet for members which is intended to assist them in identifying potential scams, and providing contact numbers to call with any concerns;
- a detailed action pack, including a checklist and examples of what to look out for.
These and other materials are available on the relevant page of TPR’s website. However, while the Finance Act 2014 (see below) gives HMRC wider powers to combat pensions liberation, detailed regulations are still awaited.