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Singapore: Competition law fact sheet
Overview of the main provisions of the Competition Act, and discussion of the enforcement regime and recent enforcement trends.
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Pensions Dashboards: DWP publishes its long-awaited staged timetable for schemes’ dashboard connection
All occupational schemes, along with personal pension providers, must connect to pensions dashboards by October 31, 2026, at the latest. The DWP has now published guidance setting out a staged timetable, starting with the largest schemes. This phased connection aims to smooth the process of connecting the approximately 3,000 pension schemes and providers in scope by the 2026 connection deadline.
Publication
DB scheme funding: funding and investment strategy regulations now in force
On April 6, 2024, the new DB scheme funding regulations came into force, setting out the revised DB funding framework which includes the requirement for schemes to have a funding and investment strategy.
Publication
Abolition of the lifetime allowance: HMRC pension schemes newsletters 157 and 158
The lifetime allowance was abolished with effect from April 6, 2024. HMRC has published two newsletters on the topic, and also confirms that further minor technical changes are to be made in additional regulations later this year.
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ESMA issues statement on deprioritising supervisory actions on clearing for pension schemes while EMIR changes finalised
The European Securities and Markets Authority has published a statement on deprioritising supervisory actions linked to pension schemes’ clearing obligations pending the finalisation of the EMIR review.
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