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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 | June 2024
The PPF has published its response to its recent consultation on changes to the actuarial assumptions for section 143 and section 152 valuations.
These valuations relate to smaller schemes with less than £50 million in liabilities. On the previous assumptions, such schemes could have been overfunded and therefore ineligible for PPF entry. They could still, however, have been unable to obtain an affordable buy-out quotation for PPF levels of compensation.
The proposed changes came into effect on May 31, 2024.
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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