The Chancellor has introduced measures to stop fund managers using loopholes to avoid paying tax on profits in today's Summer Budget.
From today managers will be forced to pay the full 28% capital gains tax (CGT) on the profits of the fund payable to them, known as carried interest. Only limited deductions will be allowed. It will...
The winners of the Professional Pensions Investment Awards 2020 have been announced.
Legal and General Retirement (LGR) has committed to cutting the carbon emission intensity of its annuity book by half by 2030, while the overall group targets a net-zero portfolio by 2050.
In the fourth of a five-part series of articles for PP, pensions minister Guy Opperman sets out how revised funding arrangements for defined benefit schemes will better protect members.
More than £1.75bn has been wiped from the pension funds of councils across the UK after three years of crashing oil investments, research shows.