HM Treasury is pressuring the US government to "carve out" low-risk institutions from FATCA, ahead of a draft paper due this week.
The move may help them avoid a punitive 30% withholding tax for non-compliance with the new rules. A Treasury source said the difficulties in implementing FATCA (the Foreign Account Tax Compliance Act)...
Tim Sharp warns the DWP's plans for collective DC risk establishing an inhospitable environment for the lay trustee
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.