HM Revenue & Customs (HMRC) has won an appeal ruling that a tax avoidance scheme used by Rangers FC to help pay its executives and footballers was illegal.
A scheme involving payments to various employee benefits trusts (EBTs) amounted to "a mere redirection of earnings" and was therefore "subject to income tax", three judges at the Court of Session in Edinburgh...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
Jonathan Stapleton speaks to Punter Southall Governance Services director of outsourced pension services Clare Owen about the firm's latest reseach into the effectiveness of trustee boards.