Publication
Canadian employment and labour quarterly
This newsletter will keep employers up to date on Canadian employment and labour developments and best practices.
Changes to Pension Protection Fund valuation assumptions for Smaller Schemes
United Kingdom | Publication | June 2024
The PPF has published its response to its recent consultation on changes to the actuarial assumptions for section 143 and section 152 valuations.
These valuations relate to smaller schemes with less than £50 million in liabilities. On the previous assumptions, such schemes could have been overfunded and therefore ineligible for PPF entry. They could still, however, have been unable to obtain an affordable buy-out quotation for PPF levels of compensation.
The proposed changes came into effect on May 31, 2024.
Partner
Email
lesley.browning@nortonrosefulbright.com
Recent publications
Publication
Real Estate Focus – April 2025
In this edition we provide a reminder of the main provisions and implications of the Terrorism (Protection of Premises) Act 2025 since its Royal Assent, and discuss the potential for a long-awaited strategic shift for infrastructure projects following the formation of the National Infrastructure and Service Transformation Authority. We also discuss the outcome and significance of an interesting court of appeal case considering boundary agreements and provide an update on recent tax events affecting the real estate sector.
Publication
Publication of Guidelines for Mixed Development Schemes of Petróleos Mexicanos
Te Board of Directors of Pemex approved the Guidelines for Mixed Development Schemes of the Public State Company, Petróleos Mexicanos (Agreement CA-025/2025, the “Guidelines”), published in the Federal Official Gazette (DOF) on April 29, 2025.
Subscribe and stay up to date with the latest legal news, information and events . . .