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.
Government responds to WPC inquiry on use of LDI in DB schemes
United Kingdom | Publication | December 2023
On November 20, 2023, the Work and Pensions Committee published the Government's response to its report on DB pension schemes with liability driven investments (LDI) following its June 2023 report.
The response confirms that, despite concerns expressed by the Committee the new DB funding and investment regulations will be laid before Parliament in "due course".
The response acknowledges the impact of the events of September 2022 on DB schemes and confirms that the Regulator will be monitoring adherence to its guidance in respect of leveraged LDI and capital buffers. However, the Government stated that there is no direct means for the Regulator to restrict LDI use, as scheme investment strategies are ultimately a decision for trustees and sponsors.
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 . . .