Schemes sponsors could receive a £2bn tax windfall following a change in HM Revenue and Customs' (HMRC) policy on VAT recovery in response to two European Court cases.
Recent research from KPMG shows 75% of mandates are awarded without a competitive tender. However, this doesn't mean trustees are not asking tough questions says Helen Morrissey.
FM providers challenge accusations of poor practice
PP research uncovers concern among pension professionals
The regulator needs to intervene in the FM market, argues Jack Jones
Fiduciary management booms, but lack of competition is a worry
The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.
KPMG is unveiling a new employee value proposition (EVP) to its UK workforce today.
Do proposed changes to accounting rules mean Armageddon for UK PLC
Here they are. The top five fiduciary managers in the UK as ranked by pension schemes and trustees...