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  • Article

    Draft GMP Increase Order Published

    The draft Guaranteed Minimum Pensions Increase Order 2024 has been laid before Parliament, specifying 3 per cent as the amount by which GMPs attributable to earnings factors for the tax years...
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    HMRC Publishes Latest Issue Of Its LTA Guidance Newsletter

    Published on March 15, 2024, the most recent issue of the LTA guidance newsletter is now available from HMRC. Set out in the same format as the previous versions...
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Podcast

    Unfair Dismissal (Podcast)

    Nick Howard and Ben Wright discuss the proposal to make unfair dismissal a "day one" right for employees, a key focus of the UK Employment Rights Bill. For more insights, listen to their podcast here.
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    PRA Consults On Greater Financial Services Compensation Scheme Coverage

    The Prudential Regulation Authority is consulting on rule amendments to increase Financial Services Compensation Scheme coverage on pension scheme buy-outs applying to individuals who have moved abroad.
    United KingdomFinance and Banking
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    HM Treasury Announces Date Of Next Budget

    On December 27, 2023, HM Treasury announced that the Spring Budget in 2024 will be on March 6, 2024.
    United KingdomGovernment, Public Sector
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Case Review: Non-Assignment Clauses And Transferring The Right To Arbitrate By Operation Of Law

    The disputes team have written an article discussing an interesting recent Court of Appeal decision. The Court considered the impact of non-assignment...
    United KingdomLitigation, Mediation & Arbitration
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Celebrating Black History Month (Video)

    Will Alete and Yolanda Dladla sat down to discuss what can be done to help improve recruitment and retention of Black talent, as well as the importance of allyship, role models and what can be done...
    Hong KongEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Video

    Let's Talk Antitrust: UK Merger Control Reforms (Video)

    A number of important changes to the UK merger control regime are proposed that parties doing deals in 2024 should know about. Senior leaders from the Competition and Markets Authority (CMA)...
    United KingdomAntitrust/Competition Law
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Distressed M&A Across Borders: Managing Risk And Capitalising On Opportunities

    Our lawyers in the UK, Claire O'Donnell and Jack Mead discuss distressed M&A across boarders, looking at managing risk and capitalising on opportunities.
    United KingdomCorporate/Commercial Law
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Lifetime Allowance Abolition Regulations In Force

    Two new HMRC regulations address legislative anomalies from the Lifetime Allowance removal, clarifying lump sums, death benefits, and pension protections, effective retroactively from April 6, 2024.
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Pensions Investments: Over-The-counter Derivatives Contracts Under EMIR Exemption Maintained

    HMT has published its response to its earlier call for evidence on the exemption for UK over-the-counter pension fund investments in derivatives from clearing obligations under the European Market.
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Pensions Ombudsman Publishes Updated Factsheet On Signposting Its Complaints Service

    The Pensions Ombudsman released a revised factsheet with suggested wording for pension schemes to guide members to its complaint service, applicable in responses to complaints and on scheme websites.
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Pensions Regulator's General Code Now In Force

    The Regulator's General Code came into effect on March 28, 2024, which was one day later than previously announced. It replaces ten previous codes, which have been revoked from the same date.
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Pensions Regulator Publishes Blog On Improving Schemes' EDI Standards

    The Pensions Regulator's latest blog sets out three tips for trustees seeking ways to improve their scheme's EDI standards:
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Regulator Publishes Blog On Auto-Enrolment

    On March 4, 2024, the Regulator published a blog on auto-enrolment, announcing a more user-friendly "refreshed" site for employers declaring their compliance.
    United KingdomEmployment and HR
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Podcast

    Regulation Tomorrow Plus: EMEA Regulatory Insights Series – UK (Podcast)

    In our EMEA regulatory insights series colleagues from our EMEA offices provide an update on some of the key regulatory issues they are seeing in their local market.
    United KingdomFinance and Banking
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Statutory Instrument Reducing Authorised Surplus Payments Charge Laid Before Parliament

    The Authorised Surplus Payments Charge (Variation of Rate) Order 2024 was laid before Parliament on March 11, 2024, and will amend the authorised...
    United KingdomFinance and Banking
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Podcast

    Episode 4: Pathway To Partner (Podcast)

    We chat with Matt Gregory to discuss his journey from trainee to partner in our financial services team, and how he juggles his work/life balance including his part time career as a triathlete.
    United KingdomLaw Practice Management
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Podcast

    Regulation Tomorrow Plus: DE&I Series "Data Protection" (Podcast)

    In the fourth podcast in our DE&I series, Hannah McAslan-Schaaf and Lara White discuss the data protection aspects of the FCA's recent consultation paper on diversity and inclusion.
    United KingdomPrivacy
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Regulator Issues Revised Guidance On Cyber Security

    The Regulator has revised its guidance on cyber security to help trustees and scheme managers meet their duties to assess risk, ensure controls are in place, and respond to incidents.
    United KingdomTechnology
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong

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