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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
United Kingdom | Publication | May 2024
In addition to the 9th progress update report published by the Pensions Dashboards Programme, there have been further publications in relation to the dashboards regime.
As trailed by the PDP in its progress update, new data standards have been produced, and the PDP has published a blog summarising the changes. The standards set out the data requirements for finding and viewing pensions information and how such information must be formatted. Further standards on technical and design issues are to be published once tested by volunteer participants. All pensions dashboard standards are subject to final sign-off from the Secretary of State for Work and Pensions.
The Pensions Administration Standards Association has published an update on its forthcoming dashboards guidance. Imminent publications include:
PASA also intends to provide further guidance on matching data as well as helping schemes with issues related to query handling, and communicating with members. Existing guidance will be updated as required and PASA will continue to work closely with the Pensions Dashboards Programme and regulators.
On May 10, 2024, the National Audit Office published its report on delivery delays by the DWP and Money and Pensions Service on the Pensions Dashboard Programme. Some of the report’s key findings are below.
On the current timetable, all schemes are due to connect to the pensions dashboard by October 2026.
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Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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Artificial intelligence (AI) raises many intellectual property (IP) issues.
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