UK pension schemes investing in US companies could face a 30% tax if a proposed US withholding tax is implemented, Hogan Lovells warns.
The law firm said new US laws aimed at targeting offshore tax evasion by US citizens - the Foreign Account Tax Compliance Act provisions - introduce a withholding tax of 30% on payments such as dividends...
Many single-employer trust-based DC schemes will move to a master trust in coming years. Stephen Richards looks at the pitfalls they need to avoid
Robin Ellison says it is not unreasonable for schemes and their trustees and sponsors also to expect an improvement in the tone of regulation
The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.
Insurers are set to face a "flood of requests" from pension schemes for buy-in contracts to be restructured to allow for guaranteed minimum pension (GMP) equalisation, Aon warns.