Publication
This year’s Africa Energy Forum presents a unique opportunity for African collaboration
In the rural village of Gwanda, Zimbabwe, a mother walks several kilometres each day to find firewood so she can cook for her children.
Easement for master trusts on employer-related investments
United Kingdom | Publication | July 2022
On July 19, 2022, the DWP published a response to its March 2022 consultation on the draft regulations amending the current restrictions on employer-related investments (ERI) applying to authorised master trusts with 500 or more active employers. The proposals would mean that ERI restrictions would only apply to investments relating to the scheme funder, the scheme strategist and persons connected to or associated with them.
The proposals for change were made as master trusts with a large number of unconnected participating employers currently have to undertake costly and onerous compliance checks before certain investments are possible.
The Occupational Pension Schemes (Investment) (Employer-related investments by Master Trusts) (Amendment) Regulations 2022 have been laid before Parliament, with minor changes reflecting the consultation outcome. They come into force on October 1, 2022.
Partner
Email
lesley.browning@nortonrosefulbright.com
Recent publications
Publication
The future of regional power trade in Southern Africa
Southern Africa is a key focus of attention at the present time, as it faces a perfect storm of an energy emergency due to hydropower generation being severely impacted by reduced water levels due to droughts whilst the demand of its regional miners for clean baseload power rapidly accelerates.
Subscribe and stay up to date with the latest legal news, information and events . . .