On Thursday 8 November, the European Association of Paritarian Institutions (known by its French acronym, AEIP) and Pensions Europe called upon the European Commission to present an amendment to the 'VAT' directive to exempt all pension funds from VAT on management services, irrespective of the type of pension scheme or the member state in which the services are provided.
“The VAT directive has not kept up with developments in the pensions landscape. This leads to different treatment of...