A dispute over whether defined benefit schemes should have to pay VAT on investment management services has been referred to the European Court of Justice.
There has been little praise for the ruling in the Test-Achats case in the European Court of Justice.
UK - F&C is considering whether to launch a fiduciary management service in the UK.
Jonathan Stapleton explains there has been little praise for the ECJ gender ruling
The European Court of Justice ruling on sex discrimination is set to have a major impact on occupational schemes and could increase deficits, the industry warns.
EUROPE - The European Court of Justice ruling on sex discrimination to could lead to a worsening of pension income in retirement.
The European Court of Justice ruling on sex discrimination to could lead to a worsening of pension income in retirement.
The Pension Protection Fund has reappointed State Street to provide a range of global custody and administration services and also hired it to provide securities lending services for the first time.
Mervyn King received a £1.4m pension top-up after signing on for a second five year term as Governor of the Bank of England in 2008, so he could secure his retirement earlier than usual.
KPMG has launched a DC solutions practice and appointed pensions partner Gurmukh Hayre to lead the business.