UK:
Pensions Regulator Provides Update On Progress Following LDI Crisis And Scheme Financial Stability
23 April 2024
Norton Rose Fulbright Hong Kong
To print this article, all you need is to be registered or login on Mondaq.com.
In a letter sent to the Governor of the Bank of England, and
mentioned in a press statement, the Regulator has confirmed
that pension schemes are now more resistant to LDI shocks.
The Regulator has welcomed a report by the Bank's Financial Policy
Committee which provided an update on LDI funds' resilience
following the crisis in September 2022. The Regulator's
guidance for schemes using LDI arrangements can be found here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Employment and HR from UK
Gross Misconduct In The Bagging Area
Herrington Carmichael
The Employment Tribunal (ET) has ruled that a Sainsbury's employee, who had worked for the company for almost 20 years...
Employment Law Case Update – April 2024
Dixcart UK
This month we bring you some technical cases looking at the circumstances in which a dismissal could be fair despite a full lack of process because of the actions of the disgruntled employee.