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Publication
Merger law reform in Australia: What next after the Exposure Draft?
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
United Kingdom | Publication | February 2024
The most recent Finance Bill, which sets out the legislation required to abolish the lifetime allowance, completed its House of Commons stages and had its first reading in the Lords on February 6, 2024. It is expected to complete all its Parliamentary stages by February 21, 2024.
Somewhat surprisingly, having said they would reverse the legislation if they won the next General Election, the Labour Party did not oppose the Bill in the House. The Opposition has, however, published a Plan for Financial Services which sets out in general terms only its intentions for an “in-Government pensions and retirement savings review”.
Publication
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
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