‘Pension unlocking’ loan schemes ruled unlawful – OUT-LAW.com

Posted December 21st, 2011 in loans, news, ombudsmen, pensions, taxation, trusts by tracey

“Loans between pension schemes are ‘unauthorised payments’ which cannot be used as a way of unlocking pension capital before a scheme member retires, the High Court has ruled.”

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OUT-LAW.com, 21st December 2011

Source: www.out-law.com