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Health Canada identifies lithium-ion batteries, infant bath seats, and water beads as hazards of concern
Health Canada has recently identified three new classes of products that pose a hazard of concern.
United Kingdom | Publication | January 2023
In response to a request for insight from the Work and Pensions Committee (WPC), Martin Clarke, the Government Actuary, has shared his perspective on DB pensions with liability-driven investments (LDI).
Clarke has called for heightened awareness of the risks associated with LDI, following liquidity issues faced by DB schemes in 2022. He said: "The Pensions Regulator has the power to collect data from schemes for regulatory purposes and can therefore obtain good aggregate and specific data on the use of critical investment strategies such as leveraged LDI.”
He has suggested there should be some increase to trustees’ disclosure requirements relating to the governance and management of investment and associated operational risks. Improved LDI data availability could help trustees challenge both their advisers and LDI managers, enabling them to better weigh up the risks and potential benefits of using LDI.
The Government Actuary’s Department expects LDI will continue to have an important role for schemes, potentially right up to the time of any bulk annuity purchase.
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Health Canada has recently identified three new classes of products that pose a hazard of concern.
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An employer’s ability to ask for a sick note when an employee is absent from work due to illness is becoming increasingly curtailed across Canada.
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Since 2022, the Government of Canada has introduced three waves of amendments to the Competition Act (Act), making substantive changes to Canada’s competition laws, with the most recent amendments receiving royal assent on June 20, 2024.
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