HM Revenue & Customs will try and block a test case launched by the National Association of Pension Funds and the Wheels Common Investment Fund, PP has learned.
The NAPF and the Wheels CIF – an £8bn multi-employer scheme covering the Ford Motor Company, Jaguar Cars and Land Rover – said they would bring a test case against HMRC in a bid to recover £300m of VAT...
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.