Publication
New competition legal framework in Mexico: What you need to know
A major reform to the Mexican Federal Economic Competition Law has been published in the Federal Register, and is set to become effective.
Pensions Regulator posts blog on questions for trustees to ask on investment strategies
United Kingdom | Publication | agosto 2022
In a blog post on August 16, 2022, Fred Berry, the Regulator’s leading investment consultant, urged trustees to remain vigilant about changing strategic and operational risks. He noted that the Regulator cannot be everywhere at once and that it relies on trustees, as a first line of the scheme’s defence, to ask such questions as: How is the level of risk justified? What were the advisers’ views? How quickly could investments be de-risked if necessary? He said that so-called “silly” questions can sometimes lead to interesting discussions, and that both strategy and operations are important.
While the blog does not set out an exhaustive list of risks to consider, it suggests that trustees may also want to bear in mind the implications of rising interest rates for investment strategy, and whether schemes should be reviewing their liability-driven investment (LDI) strategies in the light of recent events.
Partner
Email
lesley.browning@nortonrosefulbright.com
Recent publications
Subscribe and stay up to date with the latest legal news, information and events . . .