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.
This Top Ten provides a checklist and guidance for the management of contracts, from negotiation to ongoing review of the business relationship.
Since the financial crisis we have seen an emerging trend of companies entering into joint ventures rather than 100% acquisitions, particularly in Europe and the MENASA and Asia Pacific regions.
The Regulator has published a new and much more detailed statement on its approach to asset-backed funding arrangements. While acknowledging the advantages of these structures in principle, it is concerned to ensure that trustees take potential risks into account before signing up, and have a back-up plan available in case things go wrong. This article looks closely at the Regulator’s concerns.
This Wisdom of the Crowd, compiled from responses posted on the Employment & Labor eGroup, addresses issues regarding treatment of employees who are on long-term disability ("LTD") leave.
This Wisdom of the Crowd, compiled from questions and responses posted on the Small Law Department and Employment & Labor Law eGroups, assesses an employer's response to harassment allegations in the workplace.
This Wisdom of the Crowd, compiled from responses posted on the Employment & Labor Committee eGroup, addresses issues regarding potential abuse of the Family and Medical Leave Act ("FMLA").
This InfoPAK addresses United States laws imposing export controls and economic and trade sanctions. These laws and their implementing regulations can present unique challenges to businesses, as they are complex and often, can be counter-intuitive to the business person. Nevertheless, U.S. government enforcement agencies expect companies to know the rules governing cross-border commerce. Further, an increasing number of companies are being held accountable for violations of these laws and regulations and are receiving ever-increasing
penalties.
This Wisdom of the Crowd, compiled from responses posted on the Intellectual Property and Small Law Department eGroups, addresses issues arising from contract clauses granting Buyer a license to use products he/she bought.
The Guidelines provide details and guidance on policy implementation, including identification of appropriate certified or recognized standards by nationally-recognized, third party organizations, exemptions, performance standards for equipment, information on safer chemical handling and cleaning procedures, and other pertinent information.