UK - Charities may be able to hoard pension surpluses in years of good returns by setting up a fund that is exempt from Inland Revenue caps, actuaries believe.
The concept – which is being researched by Hymans Robertson – would allow charitable organisations to put excess pensions cash in a tax exempt fund. This could then be used to supplement the fund i...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date