The Pensions Regulator's final Fast Track tests emphasize prudent funding, low dependency calculations, and tailored approaches, urging trustees to assess scheme suitability and legislative compliance for sustainable pension funding.

The Pensions Regulator's new compliance policy for CDC schemes prioritizes investment governance, data quality, and trustee oversight, with annual reviews and evolving supervision based on scheme risk.

In her first Mansion House speech, Chancellor Rachel Reeves outlined reforms to improve the Financial Ombudsman Service's efficiency and collaboration with the FCA. The industry welcomes these changes, aimed at creating a predictable redress process and reducing regulatory burdens. While maintaining robust consumer protections, the reforms intend to streamline procedures for assessing fit and proper standards for financial staff, addressing concerns over compliance bureaucracy without compromisi

There has been much discussion over the last few weeks about the plans of the major parties. But as we approach the day of the general election what will happen in the days...

The Court of Appeal has ruled that all rule amendments to contracted-out DB schemes between 1997 and 2013 do need written actuarial confirmation that the reference scheme test continues to be satisfied.

The Litigation Funding Agreements (Enforceability) Bill continued its journey through the Lords on Tuesday with its Second Reading.

Mining development agreements are critical for balancing government and mining company interests, offering legal stability, tax concessions, and investment incentives, while ensuring infrastructure development, permits, and socio-economic benefits for host nations.

The August 2022 amendments to the Antimonopoly Law introduced a new "stop-the-clock" mechanism in the merger review process. This mechanism allows the antimonopoly enforcement authority

In an appeal of last year's High Court judgment in CMG Pension Trustees v CGI IT UK, the Court of Appeal has ruled that the Pensions Ombudsman...

On January 10, 2024, the Pensions Regulator published its long-awaited General Code of Practice, which has been laid before Parliament.

The government has today published general guidance on the new failure to prevent fraud offence and has confirmed the offence will come into effect on 1 September 2025. As expected, the guidance covers...

Head of Legal Operations, Stephanie Hamon, will be joining the panel discussion on "Simplifying Legal Tech Adoption and Implementation" at the Legal Tech Talk conference...

In JSC Commercial Bank Privatbank v Kolomoisky & Ors [2024] EWHC 1837 (Ch), a claimant bank was granted permission to provide documents disclosed to it in English proceedings...

The Court of Appeal upheld a ruling in BBC v BBC Pension Trust (2024), confirming that "interests" of active pension scheme members include future service benefits, not just accrued rights. This limits the BBC's amendment powers for pension scheme changes.

The FCA is consulting on targeted pension support, bridging guidance and advice to improve consumer decision-making, with feedback sought by February 13, 2025.

The UK Government aims to boost investment via pension "megafunds" by consolidating defined contribution schemes and Local Government Pension Scheme funds. Proposals include minimum size requirements, bulk transfers, and greater pooling, with consultations closing January 16, 2025.

In a keynote at the Pensions and Lifetime Savings Association conference, Emma Reynolds outlined goals to boost pension fund investment in the UK economy and enhance savers' returns. Key points included upcoming reforms on small pot consolidation, Value for Money frameworks, and support for Collective Defined Contribution schemes, while emphasizing the importance of unlocking the £2 trillion pensions industry for UK assets. The government is considering various options but refrained from committ

The UK Government introduced the Great British Energy Bill on 25 July 2024, establishing GB Energy and partnering with The Crown Estate to accelerate offshore wind development. The partnership aims to secure seabed leases for 20-30GW of offshore wind capacity by 2030, addressing challenges like community consent and grid connections. The Crown Estate Bill, granting new borrowing powers, and the Planning and Infrastructure Bill will facilitate these goals. The initiative could power nearly 20 mil

Regarding CP24/21 relating to investment research payment optionality for fund managers, the punchline is that the FCA is going to take the same line in liberalising the regime for fund managers...

The High Court in Allianz Funds v Barclays clarified that securities claimants must show direct reliance on alleged misrepresentations, limiting passive investor claims and rejecting broader US-style approaches.