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Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | March 2024
The Finance Bill 2024 had its second and third readings in the House of Lords on February 21, 2024. No amendments were made during these remaining Lords stages and the Bill received Royal Assent on February 22, 2024, becoming the Finance Act 2024.
The Act sets out the legal framework for the abolition of the lifetime allowance and its replacement by two new lump sum allowances.
Pensions administrators now have very little time in which to adjust their systems, processes and member communications to take account of the changes. There is concern that, despite the significant burden of introducing the new regime, it could yet be reversed depending on the outcome of the General Elections.
However, the regulations removing the lifetime allowance have now been made and come into force on April 6, 2024. They include:
HMRC guidance on the removal of the LTA was last updated on March 15, 2024, and can be found here.
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Artificial intelligence (AI) raises many intellectual property (IP) issues.
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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.
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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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