PensionsEurope has warned schemes are losing out from difficulties in getting withholding tax (WHT) refunds on cross-border investments in the EU.
In a position paper published on 19 April the trade body said the refund processes are complex, expensive, and long-lasting and often can last even 10 years. It can even cost half of the expected refunds...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.