Publication
ESG and internal investigations: New compliance challenges
As ESG concerns have come to the forefront in different jurisdictions, the scope of these inquiries is expanding in kind.
PPF publishes consultation on changes to assumptions for buy out
United Kingdom | Publication | enero 2023
On December 9, 2023, the PPF issued a press release announcing its consultation on proposed changes to the assumptions it uses when assessing whether a scheme enters the PPF or has its benefits bought out by an insurer.
The consultation proposals will update valuation assumptions to reflect lower pricing in the bulk annuity market, and updates include adopting a yield curve approach to determining liabilities when assessing schemes for PPF entry. It is proposed that the changes will affect valuations with an effective date on or after April 1, 2023.
Consultation will close on February 20, 2023.
Partner
Email
lesley.browning@nortonrosefulbright.com
Recent publications
Publication
“First Ready, First Connected”: Reform to GB Electricity Grid Connections
The “First Ready, First Connected” reforms proposed by the Electricity System Operator (ESO), and which could be in place by the end of Q2 2025, aim to address existing issues with the application process for connections to the GB electricity grid.
Subscribe and stay up to date with the latest legal news, information and events . . .