Publication
Global Asset Management Review: Issue 4
Welcome to the third issue of Global Asset Management Review.
United Kingdom | Publication | December 2025
The Pensions Administration Standards Association (PASA) has published a new industry paper, entitled The Data (Use and Access) Act 2025 Unpacked: Six key areas for pension schemes.
The paper provides a practical breakdown of the legislation and the accompanying materials from the Information Commissioner's Office, highlighting the most relevant implications for schemes.
The paper outlines six core areas that PASA says schemes need to understand and act upon:
The guidance “provides useful direction for schemes seeking to interpret the changes and adapt their processes with confidence.”
Publication
Welcome to the third issue of Global Asset Management Review.
Publication
On 13 November 2025, the European Parliament adopted (subject to certain amendments) the substantive Omnibus Directive which was proposed by the European Commission on 26 February 2025 (see our previous briefing here). On 16 December 2025, the European Parliament adopted further proposed amendments.
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