ECJ ruling to prompt pan-European pension schemes

Establishment of a pan-European pension scheme is more likely after a European Court of Justice ruling on Thursday, which states that tax breaks for pension schemes should apply across borders. A worker in any EU state who has a pension scheme in another European country could have the right to continue paying into the scheme without significantly losing tax benefits.

The verdict is believed to be a move towards breaking down the biggest obstacle to a single pan-European pension for wor...