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Steward meaning

What does Steward mean?
In UK pensions practice, a steward is the Department for Work and Pensions (DWP) sponsor official who manages the government’s oversight relationship with the Pension Protection Fund (PPF). The term is not defined in the Pensions Act 2004; it is an administrative description used in the governance of arm’s‑length bodies (often aligned with, or performed by, the “senior departmental sponsor”). Acting for the Secretary of State, the steward oversees the PPF’s strategic governance and accountability: monitoring performance against statutory objectives and the corporate plan, managing risk escalation, supporting board appointments and remuneration processes, and ensuring compliance with the DWP–PPF framework and applicable legislation (for example, in relation to levy policy made by secondary legislation). The steward does not make individual case decisions or run the fund; the PPF remains operationally independent. This usage is consistent across England & Wales, Scotland and Northern Ireland (the PPF operates UK‑wide via corresponding legislation). It is not a standard term in Ireland, where analogous sponsorship of the Pensions Authority by the Department of Social Protection exists but “steward” is not a defined role. Note: “steward” has other meanings in law (for example, shop steward, race steward, manorial steward) that are unrelated to PPF governance.
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NEWS
UK competition and subsidy control update: CMA interim chair, PTTSBE indefinite renewal, CAT Amazon carriage ruling, SAU threshold consultation; EU State aid: CJEU on recovery and Madeira scheme

In this issue: UK Competition Policy UK private actions UK Subsidy control EU State aid Daily and weekly news alerts New and updated content Caselex UK Competition Policy Caselex UK Competition Policy Doug Gurr appointed as interim Chair of CMA following resignation of Marcus Bokkerink The Department for Business and Trade (DBT) and the CMA published a joint press release confirming that the Secretary of State for Business and Trade has accepted the resignation of CMA Chair Marcus Bokkerink and named Doug Gurr as interim Chair. The release explains that the move followed a meeting between the Business Secretary and the Chancellor and senior regulators, who were urged to ‘tear down the barriers hindering business and refocus their efforts on promoting growth’. Gurr’s temporary appointment is described as being ‘in a bid to boost growth and support the economy’. Bokkerink embarked on a five-year term as CMA Chair in September 2022. Gurr currently serves as Director...

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NEWS
Thatchers v Aldi: England and Wales Court of Appeal strengthens actions against lookalike packaging and highlights need for packaging trade mark registrations

Brands now have the tools to allow them to challenge supermarket packaging that strays too close to their own branding, according to analysis in the sector. However, in-house counsel must carefully check their businesses possess adequate and relevant trade mark cover from the outset before mounting any such case through the courts. Securing these rights upfront is therefore critical to any enforcement strategy in practice. Addleshaw Goddard LLP’s co-head of IP, Geoff Steward, said that with appropriate packaging trade mark registrations in place, UK brand-owners can effectively call time on supermarket own-brands free-riding on their brand IP. Thatchers’ Cider Co Ltd issued a trade mark infringement claim against Aldi in 2022. It argued the German budget supermarket had adopted packaging for its Taurus cloudy lemon cider that infringed a trade mark Thatchers held for its own lemon-flavoured beverage. In Thatchers Cider Company Ltd v Aldi Stores Ltd [2024] EWHC 88 (IPEC), the High Court decided Aldi’s pack did not mislead consumers into thinking the product was connected with Thatchers....

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NEWS
IFS urges UK government: four-point state pension guarantee, extended automatic enrolment (16-74), targeted contribution increases and pot consolidation to deliver sustainable, adequate retirement incomes

The IFS outlined several policy proposals in a report that it said would address the current challenges facing the UK pensions system and help to solve the problems future generations of retirees might face Produced with the abrdn Financial Fairness Trust, the study urges an overhaul of the UK state pension alongside steps to lift private pension saving and improve means-tested help for low-paid workers. It also recommends stronger guidance so people can steward their assets through retirement. Paul Johnson, the IFS Director and co-author, noted there is 'much to celebrate' about the pensions landscape, yet cautioned that policymakers risk complacency. He warned: 'Without decisive action, too many of today's working-age population face lower living standards and greater financial insecurity through their retirement'. Over two-and-a-half years, the review identified priorities to safeguard savers’ futures, from rising pressures on public finances as the population ages to the widespread shortfall in saving that leaves many without an adequate income in later life...

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PRACTICE NOTES
EU Cyber Resilience Act (Regulation (EU) 2024/2847): obligations across the supply chain, standards and CE marking, conformity assessment, vulnerability reporting, enforcement, penalties and practical steps for compliance

This Practice Note sets out the responsibilities of manufacturers, authorised representatives, importers and distributors under Regulation (EU) 2024/2847, the EU Cyber Resilience Act (CRA). It further considers enforcement and sanctioning under the CRA and explains what the new obligations mean for organisations in practical terms. For additional background and scope on the CRA, see the following Practice Notes: The EU Cyber Resilience Act—overview and regulatory framework The EU Cyber Resilience Act—scope and classification of products The CRA is landmark EU legislation introducing mandatory cybersecurity requirements for ‘products with digital elements’ across the EU. Any product that fails to meet those requirements will be ineligible for placement on the EU market from December 2027. Accordingly, adherence to the CRA will be critical for securing access to the EU market for both hardware and software products. Manufacturers, importers and distributors of such products will shoulder extensive cybersecurity duties and risk substantial fines where they do not comply. The CRA was published in the Official Journal...

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PRACTICE NOTES
England and Wales water abstraction and impounding: legislative framework, licensing, policy and guidance, charging scheme, and reforms towards environmental permitting

Sustainable management of water resources Oversight of sustainable water resource management sits with government, the Environment Agency (EA), Natural Resources Wales (NRW) and water companies, working together to steward supplies. Many industries depend on abstracting water to make their products, and the twin pressures of droughts and floods can sharply limit what is available. The abstraction and impoundment licensing regime therefore manages resources by securing sufficient supply whilst protecting the environment. Its importance grows in water‑stressed regions (for example where demographic pressures in South East England are acute), and is tied to time‑limited licences, with periodic review, enabling the regulator to react more effectively to climate change impacts. This Practice Note summarises the core legislative and policy framework governing water abstraction and impounding in England and Wales. It also reviews proposals to reform the regime by incorporating it within the environmental permitting system. For further details on water abstraction and impounding licence applications, determinations and enforcement, see Practice Note: Water Abstraction and impounding licences—applications and determinations...

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