Publication
Blue Bonds: Making a splash in the Capital Markets
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
PASA publishes guide for schemes on preparing for new Normal Minimum Pension Age
United Kingdom | Publication | August 2024
The Normal Minimum Pension Age (NMPA) is due to increase from age 55 to age 57 from April 6, 2028. On August 12, 2024, the Pensions Administration Standards Association published guidance on preparing for the change. The guidance provides a checklist of actions which should be taken to prepare for the new legislation.
Although the change is more than three years off, trustees and administrators are urged to act now to prepare so that ensure people with a protected pension age are identified in advance of the implementation date. The new regime differs in some significant respects from the previous one introduced when the NMPA was increased from 50 to 55 on April 6, 2010.
The Government plans to publish further transitional regulations at some point in the 2024/25 tax year. These will address situations such as where a member with a protected pension age retires between ages 55 and 57 and the NMPA increases before their benefits come into payment.
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Recent publications
Publication
Marine Money Week New York 2025
We are delighted to be participating in Marine Money Week New York 2025. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.
Publication
The parallel imposition requirement in exclusive distribution systems: key takeaways from the CJEU’s ruling in Beevers Kaas
On 8 May 2025, the Court of Justice of the European Union (the CJEU) delivered its ruling in case C-581/23 (the Ruling), providing guidance on one of the conditions for an exclusive distribution agreement to benefit from the block exemption under Article 4(b)(i) of the 2010 Vertical Block Exemption Regulation (the VBER)1, notably the so-called ‘parallel imposition requirement’.
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