UK - Defined contribution providers will have to subject their products to a costly overhaul to comply with pensions and tax simplification, fund managers warn.
The simplification plans mean that from April 2005, the existing eight tax codes will be replaced with a single regime. However, while DC providers welcome simplification, they say it will prove...
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
