More Law & Regulation – Page 130
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News
Experts divided on takeover code change implications
Legal experts are split on whether changes to the takeover code coming into effect today have any impact on the power of pension schemes whose sponsors are the target of a merger or acquisition.
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DWP: Avoid contract v trust governance debate
The government has said a “black and white” debate about differences in governance standards at contract and trust-based schemes is an unwelcome distraction from ensuring high standards across all arrangements.
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PRI unveils revamped reporting framework
The Principles for Responsible Investment has fleshed out the details of the mandatory elements of its revised reporting framework, as it attempts to “demystify” the process ahead of its rollout later this year.
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West Yorks to roadshow LGPS reforms to 100,000 members
The £8.8bn West Yorkshire Pension Fund has kicked off plans for a series of roadshows later this year to communicate to its almost 100,000 active members changes to the Local Government Pension Scheme.
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How the 2013 funding statement affects your scheme
NEWS ANALYSIS: The Pensions Regulator’s 2013 annual funding statement has set out the flexibilities open to schemes in the tough economic climate, but pension professionals have said those carrying out valuations this year could find the process challenging.
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Government considers added layer of AE legislation
Pension professionals have welcomed plans for the government to legislate on further minimum standards for auto-enrolment to ensure schemes meet quality benchmarks.
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United Utilities takes action to lessen state pension impact
United Utilities has set up a special risk management group to deal with the impact of changes to the state pension due in 2016, and has warned schemes not to ignore the upcoming reform.