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Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | March 2024
On February 20, 2024, the Regulator published its annual report providing an overview of the occupational DB and hybrid pension scheme landscape in the UK.
The report covers scheme status, membership levels and assets under management. The key findings are that the DB and hybrid landscape continues to shrink at a consistent rate and scheme funding levels have improved since 2022. However, updated methodology means that data in this publication cannot be meaningfully compared with previous years.
According to the report, the total number of DB and hybrid schemes has reduced by two per cent from 5,378 in 2022 to 5,297. For schemes within the landscape, the percentage closed to future accrual (excluding those in wind-up) has risen from 70 per cent to 72 per cent. In addition, the number of schemes with 100 per cent or greater technical provisions funding levels increased from 2,565 to 3,620 and the total deficit (of schemes in deficit) reduced from £63.610bn to £27.673bn.
Following the announcement in 2023 of the proposed Mansion House reforms, a consultation is awaited on how schemes might generate and use surpluses investing more in productive assets.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
Publication
The Energy Performance of Buildings Directive (the Recast EPBD) entered into force on 28 May 2024. The Recast EPBD repeals the Energy Performance of Buildings Directive 2010 (the Repealed EPBD). The Repealed EPBD will remain as transposed in the laws of England and Wales, and the Recast EPDB will only be transposed into the national legislation of EU Member States. The overarching aims of the revisions set out in the Recast EPBD reflect the common themes of European climate legislation to speed up the transition to renewables and rapidly reduce energy consumption. We set out below a summary of the key provisions under the Recast EPBD, when the provisions take effect and a comparison with the Repealed EPBD.
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