10/28/2020
The change came into force on 6 October 2020 and the objection period expired on 24 October 2020, meaning the extension will now remain in effect.
10/28/2020
The new funding rules have been brought in as a reaction to high profile failures of company pension schemes such as Carillion and BHS.
10/28/2020
As part of the changes, guidance that was initially delivered by government under the brand ‘Pension Wise’1 was launched.
10/28/2020
Financial services firms and their counsel entering an important phase as deadline nears
10/28/2020
HRWP provides a different approach to the typical enquiry process
10/28/2020
The FCA nonetheless encourages firms to meet the original deadline of 9 December 2020 where possible.
10/28/2020
The FCA has issued a data request to a number of advisers who have advised on transfers from the Rolls-Royce defined benefit (DB) pension scheme.
10/27/2020
A consultation on the rules is expected next year.
10/27/2020
A call for evidence will be published in early November and a report will be available in early 2021.
10/27/2020
Although it is not clear whether the UK will adopt the proposals being published by the EC post-Brexit
10/27/2020
In this case, the Commissioner issued a €35.3 million fine against an international retailer due to its failures in monitoring and processing personal data of several hundred employees at one of its sites in Nuremberg.
10/27/2020
Dual-regulated firms must submit their Directory Person data via 'Connect' by no later than 13 November 2020. The FCA will begin to publish this data on the FS Register from 23 November 2020.
10/26/2020
Most recently, on September 18, 2020, the German federal parliament, or Bundestag, extended KapMuG for another three years.
10/26/2020
Aviva made the Announcement when it had, in fact, formed no intention to cancel the preference shares in question.
10/26/2020
PIMFA calls for the approval of unregulated financial promotions to be a regulated activity
By making the approval of financial promotions a regulated activity, the Government would be empowering the Regulator and enabling it to take enforcement action on firms that approved unsuitable investments without the necessary expertise or due diligence
10/26/2020
At the same time, retaining talent with the promise of large bonuses is getting harder as the Covid-19 pandemic puts a spotlight again on banks’ variable compensation.
10/26/2020
This represents a further positive development for deVere, which continually seeks to grow and adapt in order to meet evolving market conditions.
10/26/2020
It comes as ministers are drawing up plans to overhaul quarantine rules over fears the current guidelines are not being followed.
10/25/2020
The Consultation marks the Commission’s first deep engagement with the public on the road to what could end up being a significant reform and it brings up again some of the issues that vexed engagement during the introduction of the AIFMD.
10/25/2020
This recognition – thanks largely to the time, effort and energy expended by our clients and contacts in giving their feedback – demonstrates our ability as a firm to guide businesses, high-net-worth individuals and their families and philanth