UK - UK pension schemes stand to keep the abnormal dividends they acquired through company share buy-backs if a pensions scheme ruling is upheld, according to KPMG.
The company’s statement was issued on Wednesday and follows attempts by the Inland Revenue to recover an estimated £200m of tax credits paid to pension schemes between September 1994 and October 19...
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, 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
