The National Association of Pension Funds has called for a "watertight" exemption for UK pension schemes from the US Foreign Account Tax Compliance Act.
Schemes face continuing uncertainty over the US Foreign Account Tax Compliance Act, despite the publication of further regulations.
HM Treasury is pressuring the US government to "carve out" low-risk institutions from FATCA, ahead of a draft paper due this week.
The Foreign Account Tax Compliance Act could force UK pension schemes to jettison their US investments, policy experts warn.
FATCA - or the US Foreign Account Tax Compliance Act - could have a significant impact on UK pension schemes and their members. PP looks at the what you need to know in this exclusive guide…
A US crackdown on tax-dodgers could leave British schemes with an "administrative and costly nightmare", a lawyer warns.