12/26/2006: United Kingdom Government Aims to Change New Pension Regime to Avoid Abuse (Watson Wyatt Worldwide)
Excerpt: "The government is proposing further changes to the new tax regime for pensions that came into force on April 6, 2006, in an effort to prevent abuses and relax or simplify provisions that are proving difficult for pension schemes to administer. U.K. Chancellor of the Exchequer, Gordon Brown, announced the proposals in his pre-budget report on December 6, 2006."
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