Jeremy Donaghty-Sutton is struggling to recover £380,000 that he transferred into a Spanish company LYDIE LECARPENTIERTwelve years ago, Jeremy Donaghty-Sutton was sitting pretty with a £380,000 pension pot as a pilot for British Midland. Seeking funds to help buy a house in Spain, Mr Donaghty-Sutton, then 43, was approached by Premier Pensions Solutions, a Spanish company run by the British pensions tax expert Stephen Ward. A company representative told Mr Donaghty-Sutton that it was impossible to receive a loan from his own pension pot as this would be considered an unlawful payment by HMRC. But Premier had an ingenious solution, he recalls. Mr Donaghty-Sutton…

Source: The Times July 19, 2019 22:59 UTC