UK - The Railtrack Shareholders' Action Group and the private shareholders' action group have joined forces to pursue the legal action against transport secretary Stephen Byers and the DTLR.
The decision to act jointly is in a bid to address the government’s claim that the shareholders in dispute do not have the legal right to see key documents.
RSAG chairman Simon Haslam said: “This joint action should end the prevarication that had been the government’s hallmark during this whole sorry affair.”
By Alistair Graham
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.