Pensions

ATP Pension Service A/S v Skatteministeriet (Case C-464/12)

Administrators can report transfers of sums and assets from UK-registered pension schemes to qualifying recognised overseas pension schemes (QROPS) using the online service launched in December.

But some schemes, including retirement annuity contracts and executive pension plans that were approved before 6 April 2006, have no pension scheme tax reference code that can be used to gain online access, meaning administrators need to first digitally register each scheme before reporting transfers.

The chancellor’s claim to have axed the need for a pension annuity is unimpressive – and familiar

Views sought on tax reform of defined contribution savings

Each Taxation writer provides a tetrad of analyses of the chancellor’s announcements

Under an unfunded unapproved retirement benefits scheme, an employee and their employer had agreed that a pension of £85,000 a year would be paid. Instead, a lump sum of £1.4m was paid to the employee

The economic outlook is improving, says the Institute for Fiscal Studies, but problems lay ahead

Taking an interest in clients’ investment matters

Tax planning for loving couples

A UK-domiciled taxpayer worked in Australia for many years, but has returned to the UK. He has an Australian pension fund, which is not subject to tax in Australia but is in the UK

John Mander Pension Scheme Trustees Ltd v CRC, Court of Appeal

Dealing with the effects of reduced pension allowances