Pensions Regulator Wants Trustees To Take Longer-Term View
Law360, London (May 9, 2019, 4:54 PM BST) -- Britain’s pensions regulator is putting together proposals that would force trustees to take a longer-term view when managing funding and investment strategies for retirement funds, the watchdog said Thursday.
The Pensions Regulator is preparing to consult in the summer about how to create a clearer regulatory framework for defined benefit schemes, which promise a set annual retirement income to their members. The planned reforms will make trustees more accountable and expose them to greater regulatory scrutiny.
“Trustees need to take a long-term view when managing their funding and investment strategies,” David Fairs, the watchdog’s executive director of regulatory policy, analysis and...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.