Wheels VAT case before ECJ with £100m a year at stake for DB schemes

clock

The long-running court battle over whether defined benefit schemes should pay VAT on investment management services was heard by the European Court of Justice today.

The Wheels Common Investment Fund, a multi-employer scheme which includes a number of Ford Motor Company pension schemes, and the National Association of Pension Funds brought the case which argues...

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 Law and Regulation

SPP: Covenant assessment under the new funding regime

SPP: Covenant assessment under the new funding regime

Guy Jackson says advisers and employers are now operating under a more structured framework

Guy Jackson
clock 24 March 2026 • 3 min read
Are administrators doing enough to prepare for dashboards, FCA chief asks

Are administrators doing enough to prepare for dashboards, FCA chief asks

Nikhil Rathi says dashboards could be catalyst for greater engagement with pensions

Jonathan Stapleton
clock 23 March 2026 • 2 min read
No u-turn on pension IHT overhaul as Finance Bill set to become law

No u-turn on pension IHT overhaul as Finance Bill set to become law

Poised to receive Royal Assent

Laura Miller
clock 18 March 2026 • 3 min read
Trustpilot