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Pensions Bulletin - March 2020
Topics covered in this bulletin:
Impact of COVID-19 on pension schemes
Funding of DB schemes: Pensions Regulator consultation
Budget 2020 – pensions aspects
Climate change risk: new requirements in the Pension Schemes Bill
GMP equalisation
I...
Pfizer and Flynn Pharma: A long and winding road
Following a substantial increase in the price of an anti-epilepsy drug, the UK Competition and Markets Authority (CMA) fined Pfizer and Flynn Pharma nearly £90 million for unfair prices charged to the NHS.
But in June 2018 the Competition App...
COVID-19: Pensions Bulletin
This client briefing provides updates for employer and trustee pension clients on recent announcements on COVID-19.
This briefing provides updates for employer and trustee clients on recent announcements on COVID-19 from the Pensions Regulator and Board ...
Coronavirus Job Retention Scheme
The government has published additional detail on the Coronavirus Job Retention Scheme (CJRS). This scheme is designed to help employers keep employees on the payroll if as a result of COVID-19 they are unable to operate or have no work for the employee t...
COVID-19: EU Commission urges FDI screening to prevent a sell-off of critical European assets
On 25 March 2020 the European Commission issued guidance to Member States calling on them to screen foreign direct investments in strategic companies – particularly healthcare businesses – in the light of the extreme economic uncertainty cause...
AGMs and impact of COVID-19: Supplemental Guidance
This note gives supplemental guidance on ways for companies to prepare for their 2020 AGMs as the spread of the COVID-19 virus is raising a number of issues to consider.
Since we published our joint guidance with ICSA on the impact of COVID-19 on AGMs, t...
COVID-19: The impact on commercial leases
Landlords and tenants are facing unprecedented challenges in the wake of the rapidly evolving COVID-19 pandemic.
Many retail and leisure premises are now closed and office buildings are increasingly empty in light of the latest guidance from Government. ...
COVID-19: Competition law considerations (update on competitor collaborations)
In our briefing last week we covered the key competition law considerations that may be relevant as businesses grapple with the COVID-19 pandemic, including the application of competition law to collaborations between competitors and other ...
Preparing for Hong Kong AGM Season 2020
This Client Briefing discusses a range of issues which arise for AGMs in light of COVID-19 and gives guidance on how Hong Kong listed companies will need to plan their 2020 AGMs especially carefully. It reflects Hong Kong company law and the Hong Kong Sto...
COVID-19: The Impact of COVID-19 on UK Tax Residence
The COVID-19 related restrictions on travel will have a potential impact in respect of UK tax residence. Guidance for individuals has been updated. For companies, the situation may be more difficult.