KPMG

Jack Jones delves into the opposition to EIOPA's plans

KPMG has appointed Andy Seed as a director in its defined contribution pensions advisory team as part of a drive to double its DC business.

The government will save more than £2.5bn through a clampdown on "complex asset- backed funding structures" that allow firms to over-claim tax relief, says George Osborne.

The Treasury must create instruments focussed specifically on the needs of pension schemes if it is to persuade them to invest up to £50bn in infrastructure, argue industry figures.

Simon Davies has been appointed to head up Aon Hewitt's UK defined contribution consulting team in preparation for a boom in DC provision.

Pension funds could soon have to bear the cost of a Europe-wide tax on equity, bonds, 
currency and derivative transactions, finds Lynn Strongin Dodds

UK pension scheme assets under fiduciary management have reached £40bn, a study of the burgeoning industry reveals.

KPMG has expanded its pension team with the appointment of a director to its South of England team from Towers Watson.

The growth in asset-backed contribution structures could come to a "juddering halt" if the arrangements were ever tested in court, consultants and lawyers warn.

Pension funds could soon have to bear the cost of a Europe-wide tax on equity, bonds, currency and derivative transactions, finds Lynn Strongin Dodds