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In 2013, claims were issued by a number of retailers against Visa alleging that it wase guilty of restricting completion by imposing a minimum transaction fee.
The short answer appears to be yes. This answer is in light of a decision given by Coulson J at a Case Management Conference review in the TCC.
New governance standards for money purchase schemes are to be introduced in April 2015. They focus on the design and monitoring of default investment arrangements.
The Pensions Regulator’s financial support direction case against various companies in the Lehman Brothers group has settled.
Hot on the heels of the government’s response to consultation in July, we now have a draft Taxation of Pensions Bill.
The Bank of England has published new Clawback Rules setting out the standards that banks have to meet when setting variable remuneration for their staff.
The Finance Act 2014 received royal assent earlier this month. Here is a brief summary of the relevant provisions.
The government has issued its response to the consultation on the Budget proposals to introduce pension flexibility for DC pension savings from April 2015.
The Law Commission has issued its report on the fiduciary duties of investment intermediaries. The focus of the report is on pension scheme trustees.
In this briefing, Nabarro’s Deborah Lloyd looks at the general issues that apply to all types of funds.
The Upper Tribunal has handed down its judgment in the Ian Hannam market abuse case. This article summarises some practical consequences from the judgment.
This note looks back at some of the key developments regarding the LIBOR scandal over the second year.
This article examines the current position on UK bankers’ pay, the consultation on clawback provisions and the UK government’s challenge to the remuneration provisions.
In order to be authorised under the Finance Act 2004, a pension must be secured not more than six months after the payment of any related lump sum.
It can be difficult for shareholders of private established companies to sell shares without the company being quoted on an exchange.
The Financial Conduct Authority published its annual business plan on 31 March 2014.
The FCA is encouraging all alternative investment fund managers (AIFMs) to submit their applications for permission to manage an AIF before 22 April 2014.
The FCA has published its final rules on the regulation of crowdfunding. This article provides further detail relating to the new rules in this area.
In his Budget, the chancellor of the exchequer has announced a number of changes that will affect the SEIS, the EIS and VCT schemes.
The headline policy from this week’s Budget is that individuals will, from April 2015, have full flexibility in what they do with their DC pension pots.