The Stark Law: A Primer
The Stark Law is more properly, if less frequently, referred to as the federal physician self-referral law. Read this article to learn more.
The Stark Law is more properly, if less frequently, referred to as the federal physician self-referral law. Read this article to learn more.
The new regulatory framework for defined contribution pension arrangements is now live. It applies to all trust-based schemes providing DC-type benefits, whether wholly DC, elements such as AVCs in a defined benefit scheme or DC benefits with a DB underpin. The Regulator expects trustees to assess their schemes against its quality features and will monitor compliance. The following article provides an overview of the framework.
The Regulator’s draft Code on funding defined benefits aims to strike a balance between employers’ pension obligations and their ability to invest in sustainable business growth. There’s a greater emphasis on living with risk: understanding and managing it, rather than eliminating it. The key is to hold three elements – funding, investment and the employer covenant – in balance. This article looks at how trustees are supposed to do this, and how the Regulator will measure their success.
This briefing is the first in a series that will look at legal aspects of the Solvency II regime and their implications for firms. It considers the legal framework of Solvency II, how near each element of the framework is to completion and what needs to happen next, how Omnibus II has changed the previously published regime, the transitional relief that firms can expect to get from 1 January 2016, and how Solvency II will be applied to insurers and reinsurers in the UK.
A review of new rules by the Brazilian National Council of Private Insurance related to the adjusted new worth of companies for insurance purposes.
The Pensions Regulator has published final versions of its new Codes of Practice on monitoring money purchase pension contributions and reporting late payments. The two Codes (there are parallel versions for trustees of occupational pension schemes and for insurers or other providers of personal pensions) are less prescriptive than was originally proposed. They now also include material on the responsibility of employers and members to check that contributions are paid correctly and on time.
In this article regarding insurance, answers to questions addressing the parties’ Information Duties under Swiss statutory law rather than the duty of utmost good faith in the narrow sense (which has not been implemented in Swiss law).
The Insurance/Reinsurance Guide to Global Business is meant to be a quick reference for in-house counsel conducting business across the world.
This Checklist applies to private companies and addresses federal law, but highlights areas where state and local issues commonly arise.
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