UK - Archaic tax rules could prevent firms freezing final salary schemes and replacing them with a stakeholder plan, a pensions lawyer claims.
The problem has been highlighted in an exchange of letters between the Occupational Pension Schemes Joint Working Group and the Inland Revenue. The problem arises when scheme rules link the pensio...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
