UK - The European Court of Justice has set a date for what is potentially a landmark ruling on tax harmonisation.
The verdict on whether a German national named Danner can claim tax-relief from the Finnish government for a Germany-based pension contributions, is due out on October 3.
Linklaters & Alliance head of litigation practice Mark Blyth said: “If this ruling comes down in favour of Danner, it will be a major step toward creating a system of tax harmonisation for pension schemes across Europe.”
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).