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TGA shelves biosimilar and generic transparency measures
In late 2020, following almost 18 months of public and industry consultations conducted by the Therapeutic Goods Administration (TGA).
United Kingdom | Publication | May 2024
The PPF has published its response to the DWP’s February 2024 consultation on options for DB schemes, which included the possible creation of a public-sector consolidator. The consultation closed on April 19, 2024.
The PPF's response confirms that a public-sector consolidator could allow potentially up to 2,300 schemes, with total assets of £130 billion serving 960,000 members, better access to an appropriate endgame solution for schemes that are currently "unattractive" to commercial providers. This could provide a secure home for transferring members' funds as well as potentially unlock around £10 billion for UK "productive investments".
It has also published a revised proposition document on how such a consolidator could operate. The PPF states that the design aims to provide attractive pricing, terms and member experience to all schemes regardless of size. This includes removing or reducing the price "premium" that the smallest schemes can face. Although the DWP's consultation has now closed, the PPF is still willing to accept feedback on its revised proposition document.
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In late 2020, following almost 18 months of public and industry consultations conducted by the Therapeutic Goods Administration (TGA).
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The Government of Ontario recently introduced the Strengthening Cyber Security and Building Trust in the Public Sector Act, 2024 (Bill 194) seeking to strengthen cybersecurity programs in the public sector and provide the groundwork for the responsible use of artificial intelligence (AI) among various public sector entities.
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On May 24 the Labour Party published an update to its proposals on employment law in “Labour’s Plan to Make Work Pay: Delivering A New Deal for Working People” (the Plan). Our review of the proposals included in the Green Paper which was initially published in 2021 can be found here. Should they win the election, the Labour Party has stated that it will introduce an Employment Bill within the first 100 days of being in power which will cover many of these issues.
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