Publication
Low carbon projects
Low carbon projects, especially those involving hydrogen and Carbon Capture and Storage (CCS), play a crucial role in the journey towards global decarbonisation.
DWP response: broadening investment opportunities of DC pension schemes
United Kingdom | Publication | February 2023
The DWP has published its response to the consultation on broadening the investment opportunities of DC schemes.
The consultation sought views on draft regulations and draft statutory guidance introducing:
- A requirement for relevant DC schemes to disclose and explain policies relating to illiquid asset investment and asset allocation generally in their default fund statement of investment principles.
- An exemption of performance-based fees from the regulatory charge cap applying to default funds.
The draft amending regulations were laid before Parliament on January 30, 2023. The exemption for performance-based fees is due to come into force on April 6, 2023, and the “disclose and explain” requirements for illiquid investments will be in force
Partner
Email
lesley.browning@nortonrosefulbright.com
Recent publications
Publication
Navigating the IPO
Taking your company public is an important milestone, and whilst the landscape for IPOs is complex and dynamic, choosing the right path is essential.
Publication
REMA Summer Update: ‘no’ to zonal pricing, ‘yes’ to reformed national pricing
On 10 July 2025, the UK government published its Review of Electricity Market Arrangements (REMA) Summer Update, which sets out the long-awaited outcome of the REMA programme and next steps towards a decarbonised, affordable, secure and efficient electricity market.
Subscribe and stay up to date with the latest legal news, information and events . . .