A statement from HM Revenue and Customs yesterday read: «From «A-Day», the government will remove the tax advantages for investing in residential property or certain other assets such as fine wines, classic cars and art and antiques from registered pension schemes which are self directed. (politics.co.uk)
For the members of UK registered pension scheme transferring their pension benefit into this scheme the provisions pertaining to cancellation, surrender and policy discontinuance shall not be applicable to policyholder until the policyholders attains the age of 55 years. (exidelife.in)
However, the process for registering a pension scheme with HMRC has now changed. (arcpensionslaw.com)