THE National Association of Pension Funds and the Wheels Common Investment Fund are set to bring a test case against HM Revenue and Customs to recover £300m of VAT.
The move follows a European Court of Justice ruling last year that investment trusts should be exempt from paying value added tax on the fees charged to them by third parties for the management of its...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.