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.
Pensions Regulator publishes annual report and accounts for 2022/23 - an “action packed” year
United Kingdom | Publication | julio 2023
On July 13, 2023, the Regulator published its annual report and accounts for 2022 to 2023, revealing that it met, or almost met, 19 out of 23 of its key performance indicators. Three of the four that were missed related to the DB funding code, the General Code and pensions dashboards, which all require legislative change.
The Regulator highlights its focus on trustee diversity and inclusion, and also the importance of the impact of climate change on their investment decisions.
The Regulator’s annual expenditure was £6.4m, which is within budget. Other achievements outlined in the report include assessing and authorising the UK’s first collective DC scheme and a new master trust and intervening in 22 per cent of schemes, an increase on last year’s 16 per cent.
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 . . .