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...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).