Publication
Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | March 2024
Under the Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) Regulations 2021, which came into force in October 2021, trustees of DC schemes with total assets of less than £100 million must carry out a value for members (VfM) assessment.
According to the DWP's statutory VfM guidance, if, having completed the VfM assessment, the trustees conclude that the scheme does not provide value for members, they should look to wind up the scheme and transfer members' rights into a larger occupational or personal pension scheme, or set out the immediate action they will take to make improvements.
In a recent press release, the Regulator reports that its pilot initiative to help drive consolidation is already having an effect. Some 16 per cent of schemes taking part in the exercise, having concluded that their schemes do not offer good value, have opted to wind up.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
Publication
Since the inception of commercial aviation, the industry has been a target for hostile entities seeking to disrupt or control flight operations. Insurance carriers and underwriters, in response, have been tirelessly working to understand and mitigate these risks, providing a safety net for the aviation industry.
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