Crossing the pension divide

pensions

A-Day changes mean that from next year it is not necessary to be a UK resident in order to participate in a UK scheme, so employee benefit provision will not have to be restructured

By the end of January 2006 all EU member states should have implemented the EU occupational pensions directive, which substantially reduces national barriers and caters for true cross-border pension schemes. However, it is fair to say that market cooperation on the Directive has not been straightforward. It was supposed to be implemented by all EU member states by 23 September 2005, and yet as at the end of September only 12 had actually given notification to the EU that they had fully or partly implemented it. Indeed, at the time of writing, only four countries - Austria, Denmark, Esto...