UK DB Pension Schemes Lose up to £250m a Year Due to Use of Less Tax-Efficient Funds, Research by AMX and Northern Trust Reveals
UK defined benefit (DB) pension schemes are losing out on over £250m of additional income per year in their global equity portfolios because they are investing via less tax-efficient fund structures than those available, according to new research from The Asset Management Exchange (AMX) and Northern Trust, conducted by Broadridge......