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Distress signals: Cooperation agreements or mergers to the rescue in times of crisis?
The current volatile and unpredictable economic climate creates challenges for businesses.
United Kingdom | Publication | March 2025
In a press release on March 3, 2025, the Regulator sets out its new strategy to benefit schemes, savers and the economy through improved data.
The Regulator’s newly-launched plan challenges schemes to raise standards around data and to establish a set of “data principles” in order to set high expectations for data management and effective data governance.
The Regulator has identified that poor data quality leads to inconsistencies, increased costs and security risks. With these risks becoming increasingly important as the DC market consolidates and the deadlines for pensions dashboards approach, industry needs to work on building strong foundations now.
The Regulator plans to:
The strategy also calls on schemes to safely adopt new technologies, including artificial intelligence (AI), aligning to the Government’s AI Opportunities Action Plan regarding outcome-driven and inclusive AI adoption across the pensions sector to improve efficiency and provide improved saver outcomes.
During 2025, the Regulator is set to launch an AI Advisory Council with internal and external specialists to ensure it meets ethical standards and regulatory obligations, and AI technologies to support increased productivity and regulatory efficiency.
Publication
The current volatile and unpredictable economic climate creates challenges for businesses.
Publication
Recent tariffs and other trade measures have transformed the international trade landscape, impacting almost every sector, region and business worldwide.
Publication
In mid-March 2025, Cognia Law and Norton Rose Fulbright’s Legal Operations Consulting team co-hosted a second roundtable event that brought together senior leaders, including GCs, COO and head of legal operations, from across the legal industry to discuss how to drive meaningful change within the legal ecosystem.
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