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Pensions Regulator announces changes to the DC scheme return for 2024
The Regulator has issued an online announcement about upcoming changes to its DC scheme return.
United States | Publication | March 2024
In Morgan v. Sundance in 2022, the US Supreme Court made clear that no special rules apply to a waiver of an arbitration provision.
Though the case was decided less than two years ago, it has already been cited hundreds of times at the federal district court level, by every circuit other than the US Courts of Appeals for the First and Federal Circuits, and by seven state supreme courts.
As evidenced by those citations, Sundance has had immediate ramifications in federal courts regarding whether a party has waived the right to arbitrate, but it may take time for its impact to be felt on other federal issues and in state courts—creating either unity in waiver analyses or differences in waiver law depending on whether a party's motion to compel arbitration is brought in state or federal court.
Read "Assessing two years of high court's arbitration waiver ruling."
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The Regulator has issued an online announcement about upcoming changes to its DC scheme return.
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On July 30, 2024, the Regulator published its market oversight report on how trustees are complying with their environmental, social and governance (ESG) duties, including in respect of climate change.
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We reported last month that the Court of Appeal had agreed with the High Court’s previous judgment that all rule amendments to contracted-out DB schemes between 1997 and 2013 require written actuarial certification. Three pensions professional bodies have now issued a joint statement on the effect of the ruling.
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