
Publication
International Restructuring Newswire
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
United Kingdom | Publication | January 2024
On December 14, 2023, the Pensions Ombudsman published its Annual Report and Accounts for 2022/23.
The report highlights the continuing increase in demand for the Ombudsman’s services, with the number of complaints received increasing by 17 per cent from 6,216 in 2021/2022 to 7,280 in 2022/23. The Ombudsman also increased the number of complaint closures by 49 per cent compared to the previous year - closing more complaints than it received (5,221 in 2021/22 to 7,784 in 2022/23). This was achieved due to the development of new efficiencies and some additional funding from DWP.
This year also saw the Pensions Dishonesty Unit publish its first Determinations, which directed the return of approximately £15m to the schemes involved. The Ombudsman has secured funding until March 2025 to continue this work.
Despite these successes, waiting times continue to be a significant issue and addressing these remains a priority.
Publication
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
In the current geopolitical climate, with the imposition of tariffs and associated macroeconomic uncertainty, publicly traded companies across sectors will need to consider the potential impact on their business in the context of their ongoing disclosure obligations.
Publication
In July 2022 the UK Secondary Capital Raising Review published its report (Report) setting out a series of bold and wide-ranging recommendations for improving the secondary capital raising regime in the UK designed to make it quicker, more flexible, more inclusive of retail investors and more cost-effective, as well as moving towards digitisation and making better use of technology.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2025