May 05, 2023 Fall-out from last Autumn’s LDI crisis culminates in new Pensions Regulator LDI Guidance By Stacey Yon Faye Jarvis William Sykes The Regulator has published its detailed Funding and Investment Guidance, Using leveraged liability-driven investment. Cast to provide...
Mar 16, 2023 Chancellor announces one of the biggest changes to pensions tax rules - what it means in practice By Faye Jarvis Camilla Barry Scarlett Yu The UK Government has today announced some significant changes to the pension tax allowances: the lifetime allowance will be abolished...
Dec 20, 2022 Pensions dashboards – a top priority for 2023 By Faye Jarvis The recent slew of consultations from the Pensions Regulator, FCA and the Pensions Dashboards Programme (PDP) serve as an important...
Dec 14, 2022 Will the Edinburgh Reforms make a difference? By Alexandra Green Michael Sholem Gavin Haran On 9 December, the Chancellor announced a package of over 30 reforms to the UK’s financial regulations, an attempt to achieve the biggest...
Oct 20, 2022 EU reaches positive agreement on ELTIF reforms By Samuel Brooks Gavin Haran Tiffany Cox Negotiations have concluded between the European Council and the European Parliament on changes to the European Long Term Investment Fund...
Jul 27, 2022 DWP consults on new funding and investment regulations By Camilla Barry George Mitkov The Pension Schemes Act 2021 introduced new requirements for DB schemes to: develop a funding and investment strategy that ensures that...
May 23, 2022 Dosco: quantum of a contribution notice By Camilla Barry George Mitkov On 31 March 2022, the Pensions Regulator (TPR) published a section 89 report on its regulatory intervention in relation to the Dosco...
Feb 02, 2022 Clearing – potential one-year extension to pension schemes exemption, but further extensions unlikely By Edward Karsten William Sykes The European Securities and Markets Authority (ESMA) has sent a letter to the European Commission (EC) recommending that the temporary...
Oct 26, 2021 FCA publishes Long Term Asset Fund final rules By Lora Froud Gavin Haran The FCA has published its final rules for the Long Term Asset Fund (LTAF). The LTAF is a new authorised fund vehicle that aims to make it...
Sep 28, 2021 Official Working Group encourages pension savers to invest in long term assets By Lora Froud Gavin Haran The Productive Finance Working Group has published its recommendations to UK policymakers to remove barriers to investment by retirement...
Jul 16, 2021 The future of UK regulation: the FCA’s new business plan By Gavin Haran The FCA has published its 2021/22 business plan. The publication of the plan was slightly delayed, which is perhaps unsurprising given...
Jul 07, 2021 Pension scheme arrangements clearing exemption extended to 2022 By Edward Karsten William Sykes The temporary clearing exemption for pension scheme arrangements, set out in article 89(1) of EU EMIR (as amended by EMIR Refit), has...
May 07, 2021 FCA consults on the LTAF By Lora Froud Gavin Haran Tiffany Cox The FCA has published its long awaited consultation on the creation of a Long Term Asset Fund (LTAF). The LTAF is an open-ended...
Mar 31, 2021 Pension scheme arrangements clearing exemption – proposed EMIR extension and the UK’s approach By Edward Karsten William Sykes EU law – current lawEMIR, as amended by EMIR Refit, provides that certain pension scheme arrangements are temporarily exempt from the...
Mar 17, 2021 The Pensions Regulator releases draft guidance on its approach to prosecuting new criminal offences By Macfarlanes The Pensions Regulator has published for consultation draft policy guidance outlining its approach to investigating and prosecuting the...
Feb 11, 2021 The Pension Schemes Bill 2019-2021 has now received royal assent By Macfarlanes The long-awaited Pension Schemes Bill 2019-2021 has now received royal assent.The Pension Schemes Bill 2019-2021 (the Bill) will now be...