Publication
Essential Corporate News – Week ending 23 May 2025
The Companies and Limited Liability Partnerships (Annotation) Regulations 2025 and an accompanying Explanatory Memorandum were published on 14 May 2025.
Transition Plan Taskforce makes available new resources for schemes
United Kingdom | Publication | April 2024
While transition planning is not mandatory for scheme trustees, the Regulator’s view is that this exercise is useful in the management of climate-related financial risks and opportunities.
The Transition Plan Taskforce was announced at COP26 in Glasgow 2021 and launched in April 2022 to engage globally with organisations in the transition to net zero.
Resources recently published by the Taskforce include a disclosure framework and implementation guidance, together with case studies relating to various elements of the transition cycle.
The Regulator recently published its findings of a review of 30 climate change governance reports relating to scheme year end dates between October 1, 2022, and September 30, 2023. See our report here.
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Email
lesley.browning@nortonrosefulbright.com
Recent publications
Blog
Surplus to requirements? Why the Government wants more law on returning surplus
In this our latest blog on Mansion House reforms, we turn from DC to DB, and more specifically to those record surpluses that many schemes are now enjoying.
Publication
UK Pensions Briefing | Pensions Regulator publishes its first Annual Funding Statement under the new funding code
The Regulator’s annual funding statement for private sector DB schemes was published on April 29, 2025. It is the first such statement since the new DB funding regime came into force from September 22, 2024, onwards.
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