Publication
Review of the Data Availability and Transparency Act: Progress or paralysis?
The Data Availability and Transparency Act 2022 (Cth) (Act) aims to unlock value in public sector data for the benefit of Australians.
United Kingdom | Publication | May 2023
The Work and Pensions Committee has published a letter from the Regulator providing an update on the effectiveness of its pledge to combat pension scams campaign, launched in November 2020. The pledge is a two-step process that commits schemes to taking action to protect members and follow the principles of the Pension Scams Industry Group (PSIG) code of good practice, and then encourages schemes to self-certify that they are fulfilling the pledge principles.
Since 2020/21 more than 600 schemes have taken the pledge, including nearly 60 per cent of Pension Scams Industry Forum (PSIF) members and master trusts. Further, 324 schemes have so far self-certified under the second step. The Regulator says it will continue to "nudge" more schemes to do so.
The letter also highlights that the Regulator has contributed to the DWP's review of the additional transfer restrictions put in place by the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021. The Regulator says it continues to work to prevent scams, while not unduly restricting legitimate transfers. It intends to keep relevant guidance under review.
Publication
The Data Availability and Transparency Act 2022 (Cth) (Act) aims to unlock value in public sector data for the benefit of Australians.
Publication
As discussed in our previous look at the 2025 proxy season, the rapid development of artificial intelligence (AI) technologies has elevated AI to a core governance concern for shareholders, and as AI continues to dominate headlines, the urgency of finding a balance between transparency, responsibility, and return on investment for shareholders is likely to spur a growing number of AI-related shareholder proposals in the coming years.
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