The Foreign Account Tax Compliance Act could force UK pension schemes to jettison their US investments, policy experts warn.
FATCA demands ‘foreign financial institutions’ report US nationals on their books to the Internal Revenue Service in an effort to weed out tax-dodgers – with a 30% withholding tax imposed on the US assets...
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.