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It’s the age of the mega fund
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Good morning, Term Sheet readers. Finance reporter Anne Sraders here, filling in for Lucinda. VC fundraising just booked a new record: U.S. VC funds raised a total of $69.1 […]
Pension scam 'red flags' high in October
Pensions transfer data showed a high proportion of ‘red flags’ in October with over 60% of transfers showing signs of possible scams. Data from consultancy XPS showed that the Coronavirus pandemic seems to be causing an increase in the proportion of red flags being identified at the point of pension transfer. According to the data, 38% […]
Claire Trott: False claims about pensions tax relief
It was with a little fear, back in July, that I read the Public Accounts Committee’s proposal that HMRC should, within 12 months, evaluate the impact of pensions tax relief. The Public Accounts Committee was concerned that HMRC did not fully understand the impact of some of the UK’s largest tax reliefs, which include pension tax […]