Industry
Best Practice | 22 Jan 18
DB pension deficit headache worsens for struggling employers
The UK High Court has ruled that communications group BT cannot change a pension scheme from the retail price index (RPI) to the generally lower consumer price index, placing more significance on an imminent government white paper on defined benefit pension schemes, a legal expert says.
Rich get richer through tax avoidance, warns charity
Global leaders should do more to crack down on tax avoidance after figures revealed that global wealth rose $9.2trn (£6.6trn, €7.5trn) in the year to June 2017, with $7.6trn going to the top 1% who are not paying their fair share, Oxfam has said.
Convoy set for triple whammy court hearing
Hong Kong’s High Court has ruled that three separate legal cases against beleaguered investment company Convoy Global should be heard together and has set a court date of 6 March.
Ireland dubbed tax ‘black hole’ by EU commissioner
Ireland, along with several other EU countries, have been called tax policy ‘black holes’ by the EU commissioner, but he dismissed claims for their inclusion on the EU tax haven blacklist.
DeVere boss wades into final salary pension debate
DeVere chief Nigel Green has warned lessons must be learned from the collapse of Carillion and the ‘inherent weaknesses’ of UK final salary pension schemes.