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Arbitration trends in the Middle East: What to expect in 2024 and beyond
The last several years have seen rapid growth in the Middle East.
United Kingdom | Publication | July 2023
The Regulator has confirmed that too many DC schemes, especially smaller ones, are failing to meet expectations on assessing value. In the report of the results of its survey of trust-based DC schemes published on July 4, 2023, only 24 per cent of DC schemes met the Regulator's key governance requirement to assess the extent to which member-borne charges and transaction costs provide good value. Larger schemes were found to be more likely to assess value against costs and charges than smaller ones, with only 11 per cent of members in schemes that failed to meet the Regulator's expectations.
The annual survey of trust-based occupational DC pension schemes was carried out between October 25 and December 21, 2022. A total of 342 interviews were completed, including 23 with representatives of master trusts. In addition, on January 30, 2023, the Regulator launched an open consultation jointly with the DWP and the Financial Conduct Authority on a holistic framework for the assessment of value for money.
The Regulator is also undertaking a survey to ensure savers are getting value from their pension savings, separately from the joint consultation.
Publication
The last several years have seen rapid growth in the Middle East.
Publication
On May 14, 2024, Lena Haffner, Innovation Lead Germany at Norton Rose Fulbright, shared her insights on “How do you make a law firm AI ready?" at Legal Revolution 2024, one of Europe’s leading conferences in legal innovation and technology. Her lecture focused on developing a comprehensive roadmap for integrating AI into law firms, emphasizing the importance of developing a robust AI strategy and fostering an innovation-ready culture. Key topics covered in the lecture included strategic planning, skills development, multidisciplinary teamwork, and strong AI governance.
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