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
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
