United Kingdom | Publication | November 2024
On October 21, 2024, the Pensions (Special Rules for End of Life) Bill received its first reading in the House of Commons.
The text is not yet available, but it is expected that it will amend the definition of terminal illness in relation to compensation payments made under the PPF and the FAS to allow compensation claims for members with less than 12 rather than 6 months to live. This would bring the PPF and FAS into line with the rules governing registered pension schemes.
The second reading is scheduled for January 17, 2025.
Publication
On 3 July 2025 the UK Takeover Panel (Panel) published PCP 2025/1: Dual class share structures, IPOs and share buybacks (Consultation) setting out a proposed framework for the application of the UK Takeover Code (Code) to companies with dual class share structures (DCSS companies).
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The UK Football Governance Bill (the Bill), reintroduced by the current Labour government in 2024, marks a significant shift in the regulation of English football.
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Our report last year included a summary of the Premier League’s profit and sustainability rules (PSR) and discussed both how owners have reacted to the rules and our predictions for the likely impact on future ownership of Premier League clubs.
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