The Supreme Court confirmed that rectification applies to collective agreements impacting individual employment contracts, with broader implications for statutory tribunals like tax and pensions oversight bodies.

For some time, the Regulator has been working with the DWP on updating the draft Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2023.

Pensions Minister Emma Reynolds confirmed that the MoneyHelper dashboard, managed by the Money and Pensions Service, will launch before commercial pension dashboards. Testing of the connection process has begun, with public access expected after April 2025 and full connectivity by October 2026. Meanwhile, the Pensions Administration Standards Association (PASA) released guidance for trustees and administrators on AVC provisions as part of its new Dashboards Toolkit, supporting preparations for u

Voluntary Carbon Markets (VCMs), estimated to be worth $250bn by 2030, face significant risks due to their newness and lack of regulation. Key issues include greenwashing, inconsistent carbon accounting methodologies, scrutiny of verifiers, and human rights concerns in offsetting projects. The evolving nature of VCMs will likely lead to litigation as the industry matures.

I attended the Barclays Professional Services Conference at the Institute of Chartered Accountants this week, exploring the theme "Thriving in a changing world".

On April 22, 2024, draft Securitisation (Amendment) Regulations 2024 were published. They amend the Securitisation Regulations 2024 (made on January 29, 2024)...

In oral evidence before the House of Lords Financial Services Regulation Committee on Wednesday, the FCA gave an update on its ‘name and shame' proposals confirming that it is not going to move forward with the proposals...

On 7 February 2024 the FCA published a letter to all regulated Lloyd's managing agents, London market insurers and Lloyd's...

Global private equity fundraising dropped 11.5% in 2023, reaching the lowest level since 2017. Fundraising remains slow in 2024 due to exit challenges and high fundraising durations. Cautious optimism exists for recovery, tempered by potential UK tax reforms impacting fund management competitiveness.

Recently there has been a real shift in perception around apprenticeships, with a desire from businesses to increase their number of apprentices.

Following Royal Mail's launch of the UK's first collective defined contribution (CDC) pension scheme, the DWP published draft legislation on October 8, 2024, to expand CDC to non-associated multi-employer schemes. The consultation, open until November 19, 2024, seeks input on allowing unconnected multiple employer schemes within the CDC framework. If approved, the government plans to legislate in 2025, with regulatory updates to follow. This expansion is expected to benefit employers, pension sa

Last night we celebrated women entrepreneurs at our "Evening at the Expo" - an immersive and evocative digital expo, followed by a discussion with three excellent panellists, Kanya King CBE, Sophie Pender...

TThe maritime sector is exploring AI, focusing on its impact, regulatory implications, unique contracting considerations, procurement models, and relevance of the EU AI Act for AI deployment and supply.

On 19 April 2024, the China Securities Regulatory Commission (CSRC) published five cooperative measures on a high level basis relating to the Stock Connect...

From April 6, 2024, employees are entitled to a new form of unpaid leave. Employees with dependants having long-term care needs may take up to one week per year as carer's leave to provide or arrange care.

The PPF, ONS, and Pensions Regulator address discrepancies in DB scheme funding data, aiming for improved alignment via updated methodologies and enhanced consistency for stakeholders.

On April 6, 2024, the new DB scheme funding regulations came into force, setting out the revised DB funding framework which includes the requirement for schemes to have a funding and investment strategy.

In a review of auto-enrolment published on February 6, 2024, the Government has confirmed that the auto-enrolment earnings trigger and qualified earnings...

Last year was a stellar year for M&A across the Asia Pacific region, with the uptick in activity which began in H2 2020 only accelerating through 2021.

A new method of dismantling ships, utilising the same waterjet technology currently used by bomb disposal experts, is expected to enter the ship recycling space in the coming months.