A 'hidden tax' on employee pensions?

clock

Stuart Brodie looks at how HMRC's attitude to DB schemes conflicts with reality, and possibly EU law.

It seems strange, but as a result of VAT litigation over the last few years, if you invest your money in a ‘collective’ investment fund, as in the case of JP Morgan Claverhouse, the fund manager’s ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

What skills do we most value in a trustee today?

What skills do we most value in a trustee today?

Ben Salmons asks if younger, career trustees may help widen the skill and diversity mix

Ben Salmons
clock 14 November 2025 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Potential cap on salary sacrifice contributions, Howden acquires EPFS, and government to reconsider rejection of Waspi compensation

Professional Pensions
clock 14 November 2025 • 1 min read
UK economy slows as GDP growth falls 0.1% in September

UK economy slows as GDP growth falls 0.1% in September

Ahead of Autumn Budget

Linus Uhlig
clock 13 November 2025 • 1 min read
Trustpilot