What’s happening on scheme investments, including climate change, other environmental, social and governance (ESG) issues, stewardship, voting and reporting. This will mainly be of interest to trustees and fund managers.

Pensions Hub

FCA and HM Treasury consult on closing “advice gap” as part of advice guidance boundary review

FCA and HM Treasury consult on closing “advice gap” as part of advice guidance boundary review

On December 8, 2023, the FCA and HM Treasury published a joint discussion paper setting out proposals to help people make more informed investment and pensions decisions. The proposals form part of the joint advice guidance boundary review.

United Kingdom | Publication | December 18, 2023
Chancellor announces plan to help pension funds' investments

Chancellor announces plan to help pension funds' investments

Chancellor Jeremy Hunt has announced a £320m plan to drive innovation and unlock the first tranche of investment under the Mansion House Reforms, including measures to build on the Venture Capital Investment Compact and further strengthen the UK’s venture capital industry.

United Kingdom | Publication | November 27, 2023
HM Treasury issues call for evidence on pension fund clearing exemption

HM Treasury issues call for evidence on pension fund clearing exemption

On November 13, 2023, HM Treasury issued a call for evidence on the exemption for pension funds from the UK EMIR clearing obligations.

United Kingdom | Publication | November 27, 2023
FCA publishes feedback statement on protection for long-term asset funds

FCA publishes feedback statement on protection for long-term asset funds

On October 30, 2023, the FCA published a feedback statement on coverage under the Financial Services Compensation Scheme for long-term asset funds (LTAFs). In June 2023, the FCA had sought views on whether it might be appropriate to remove FSCS cover for regulated activities relating to LTAFs, but in light of the feedback received, it has decided not to take forward that proposal. Instead, it intends to consider any changes to the scope of FSCS protection for retail investments in the round, rather than excluding activities relating to certain investment products in isolation.

United Kingdom | Publication | November 13, 2023
Compact launched on “high-growth investment”

Compact launched on “high-growth investment”

Twenty venture capital and equity growth firms have agreed a Venture Capital Investment Compact committed to “develop[ing] a long-term and constructive working relationship with UK pension investors.” Over the next 12 months to October 2024, the signatories to the compact intend to build on the Mansion House proposals where certain pension providers agreed voluntarily to invest 5 per cent of DC scheme default fund assets in private equity and UK start-ups by 2030.

United Kingdom | Publication | November 13, 2023
Pensions Regulator chief executive speech on delivering investment returns

Pensions Regulator chief executive speech on delivering investment returns

On October 25, 2023, the Regulator published a transcript of a recent speech delivered by its chief executive, Nausicaa Delfas, at the Mansion House Pensions Summit, setting out the Regulator’s expectations, largely in relation to investment.

United Kingdom | Publication | November 13, 2023
Pensions Ombudsman’s first decision on overseas investment “amber flag” under Transfer Regulations

Pensions Ombudsman’s first decision on overseas investment “amber flag” under Transfer Regulations

The PO has published its first determination relating to an amber flag relating to overseas investments under the Occupational and Personal Pension Schemes (Conditions for Transfer) Regulations 2021. The member’s complaint was dismissed.

United Kingdom | Publication | November 13, 2023
Bank of England in process of developing pension schemes lending tool

Bank of England in process of developing pension schemes lending tool

The Bank of England has begun the design process in a “journey of 1000 miles” in developing a new lending tool for non-bank financial institutions including pension schemes.

United Kingdom | Publication | October 25, 2023
DWP taskforce launches social factors consultation

DWP taskforce launches social factors consultation

In July 2022, as part of its response to the Consideration of social risks and opportunities by occupational pension schemes consultation, the DWP announced the launch of a new minister-led taskforce to ensure that focus on social factors continues to grow throughout the investment chain.

United Kingdom | Publication | October 25, 2023


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Taking your company public is an important milestone, and whilst the landscape for IPOs is complex and dynamic, choosing the right path is essential.

Global | July 18, 2025

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Global | July 17, 2025

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Greece

The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).

Global | July 14, 2025

Antitrust and competition
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