United Kingdom | Publication | May 2024
The Pensions Ombudsman’s chief operating officer, Robert Loughlin, has published a blog highlighting plans for tackling its historical caseload and reducing waiting times.
There are three areas the Ombudsman will be prioritising this year: tightening the conditions under which the Resolution Team will investigate a complaint; extending the use of short-form decisions and Determinations for appropriate cases; and exploring whether there are certain categories of complaints that are more appropriately dealt with by other organisations.
The full programme of changes is due to be delivered over the next three years but the Ombudsman has an ambitious target of achieving an improved position over the next 12–18 months.
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We are delighted to be participating in Marine Money Week New York 2024. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.
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Taking place across three webinars, our team of experienced lawyers and consultants, along with industry professionals and regulators, explore the latest ESG developments and trends within financial services regulation. This series takes a cross jurisdictional perspective, covering ESG financial services regulation and trends from across the globe.
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As of 1 January 2024, the Income Inclusion Rule (IIR) of the OECD Pillar 2 proposal will impose an additional tax on the ultimate parent company of a group if a foreign subsidiary is effectively taxed below 15%.
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