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Health Canada identifies lithium-ion batteries, infant bath seats, and water beads as hazards of concern
Health Canada has recently identified three new classes of products that pose a hazard of concern.
United Kingdom | Publication | July 2023
On July 10, 2023, the Chancellor set out in a speech at Mansion House the Government’s intended strategy to boost outcomes for savers and increase funding liquidity for high-growth companies through reforms to the UK’s pension market.
Seeking to make the UK capital markets more attractive, the Chancellor has proposed widespread changes across the pensions system. The measures are intended to enable the financial sector to unlock capital for industries and increase returns for savers, while supporting UK economic growth.
There is also confirmation of a commitment from 9 of the biggest providers in the DC retail and master trust market to earmark 5 per cent of their default fund assets to private equity investments by 2030.
The measures affecting occupational pension schemes include a multitude of new consultations and calls for evidence on a diverse range of topics:
All these consultations run until September 5, 2023.
Several responses on previous consultations are also included:
Together with a report on Analysing the impact of private pension measures on member outcomes.
These new reforms have the potential to introduce wide-ranging changes particularly for the DC sector. We will look in more detail at these proposals in our next briefing later this month.
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Health Canada has recently identified three new classes of products that pose a hazard of concern.
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An employer’s ability to ask for a sick note when an employee is absent from work due to illness is becoming increasingly curtailed across Canada.
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Over the past two years, Spain has significantly strengthened its foreign investment screening mechanism, and all acquisitions by foreign investors (as defined below) of a Spanish entity active in a strategic sector are subject to prior authorisation by the Ministry of Industry, Commerce and Tourism (“MoICT”).
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