Strategic asset allocation meaning

In this issue: Air emissions and climate change Chemicals Energy for environmental lawyers Environmental disputes and proceedings ESG and sustainability Nature, biodiversity and habitat conservation Waste Waste producer responsibility regimes Water, flooding and drainage Daily and weekly news alerts New and updated content Air emissions and climate change Greenhouse Gas Emissions Trading Scheme (Amendment) (No 2) Order 2025 SI 2025/124: This instrument is introduced to revise one element of UK secondary legislation and two items of assimilated direct law concerning climate change. It separates the imminent 2026–30 allocation window into a single‑year allocation for the 2026 scheme year (the ‘2026 allocation period’) and a further four‑year allocation for the 2027–30 scheme years (the ‘2027–30 allocation period’). The measure is made under powers in the Climate Change Act 2008 (CCA 2008) in relation to assimilated law. It takes effect on 31 March 2025. See: LNB News 13/02/2025 9...

This Practice Note explores what fiduciary management services mean for occupational pension schemes, covering, among other aspects, the various models and providers, the reasons for opting for them and the possible hurdles, key points trustees should weigh when selecting a fiduciary manager, and the practical mechanics of delivery. For further detail on obligations placed on trustees of occupational pension schemes by the Competition and Markets Authority (CMA) and the Department for Work and Pensions (DWP) when appointing investment consultants and fiduciary managers, see Practice Note: Appointing investment consultants and fiduciary managers—the pensions requirements. What is fiduciary management? The concept first emerged in the Netherlands in the 1990s, with the UK’s initial mandate arriving in the early 2000s. Across the UK, defined benefit (DB) schemes are the primary adopters, with only limited uptake among defined contribution (DC) schemes. Historically, strategic investment advice to trustees and the asset implementation to execute that strategy sat apart and were delivered by different firms. Within that conventional model, a pension scheme engages an...

Note—to check whether notification thresholds in Tanzania and globally are met, please refer to: Where to Notify. 1. Have there been any recent developments regarding the Tanzanian merger control regime and are any updates/developments expected? Are there any other ‘hot’ merger control issues in Tanzania? The Fair Competition (Amendment) Act No.13 of 2024 (Amendment Act) was enacted on 3 September 2024 and took effect on 11 October 2024. It brings reforms intended to create a more responsive and competitive market. A key update is the Fair Competition Commission’s (FCC) discretion to approve mergers on broader public interest grounds, including technological progress, greater efficiency, and strategic investment. Spurred by the Chalinze Cement case—which highlighted the tension between monopoly control and economic expansion—the new section 11A enables the FCC to assess further elements such as: Efficiency in resource allocation and technical advancement Financial stability Export growth Regional competitiveness This recalibration aims to balance commercial flexibility, lower legal uncertainty, and consumer gains....