Publication
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).
PLSA becomes Pensions UK and launches new strategy
United Kingdom | Publication | July 2025
In a press release published on July 3, 2025, the Pensions and Lifetime Savings Association announced its rebrand as Pensions UK, and launched a new strategy for the next decade.
In its new report, 2030 Ready, Pensions UK says the outlook for savers will be shaped by macro-economic shifts, including widening inequality, increased longevity and evolving expectations for retirement.
Pensions UK wants to see:
- A pension system that provides an adequate retirement income to savers and is affordable and fair.
- Pensions delivered by a market that is well run and well regulated.
- Pension investments that deliver strong risk-adjusted returns and play a positive role in society and the economy. Schemes exercising fiduciary duties responsibly and in the long-term interests of savers.
- Savers supported in both work and retirement by a system that is simple and digital-first, and by advice and guidance that is effective and accessible.
Where Pensions UK sees “red flags” – like the risks attached to Government mandating investments – it states that it will do all it can to represent the views of members and interests of savers.
The "2030 Ready" strategy aims to help everyone achieve a better income in retirement by preparing industry and the wider pension system for the next decade.
Partner
Email
lesley.browning@nortonrosefulbright.com
Recent publications
Publication
UK Government’s Department for Transport publishes Maritime Decarbonisation Strategy
The UK Government’s Department for Transport (the DfT) has published its Maritime Decarbonisation Strategy, setting out its plan for decarbonising maritime and new decarbonisation goals for the UK domestic maritime sector.
Publication
UK Supreme Court provides clarification on charterers’ liability limit under the 1976 Limitation Convention
On 9 April 2025, in MSC Mediterranean Shipping Company SA v Conti 11 Container Schiffahrts-GmbH & Co KG MS “MSC Flaminia”, the UK Supreme Court held that a charterer can in principle limit its liability under the 1976 Limitation Convention (the Convention) for a claim brought by the owner.
Subscribe and stay up to date with the latest legal news, information and events . . .