D
David J Rainey
A discussion in another newgroup ended up in a dead end about why
companies are not allowed to make extra contributions to their pension
schemes once it becomes 104% funded.
Why is this?
One line of argument was that this would allow firms to hide profits in
a tax shelter. I follow the logic, but not how any shareholders would
benefit.
What say the finance expert here?
rgds
David
companies are not allowed to make extra contributions to their pension
schemes once it becomes 104% funded.
Why is this?
One line of argument was that this would allow firms to hide profits in
a tax shelter. I follow the logic, but not how any shareholders would
benefit.
What say the finance expert here?
rgds
David