Published on: 25 April 2025
Published by a Law360 reporter
Turbulence across equity and bond markets, stirred by Donald Trump’s tariff fight, has cast doubt on the long-run prospects for retirement plan funding levels. Channelling growth via fresh equity exposure on the investment side appears distinctly riskier than it did merely two months back, at least for schemes and employers alike at present. No fixed date exists for rolling out the government’s proposed investment reforms, and regulatory lawyers and pensions analysts are now wondering if ministers will postpone or pare them down in the coming months. “The turbulence sparked by Trump’s changing tariffs is affecting equities and bonds alike — the twin pillars of pension scheme assets,” said Beth Rivera, chief executive of Best Financial Planners. “Many schemes are seeing valuation lurches that may temporarily puff up surplus positions. Lacking stability, employers could tap surpluses that are not genuinely secure.”
The Labour government initiated a wide-ranging review soon after taking office in July 2024, focused on how the UK pensions sector’s financial heft could be directed towards investing in Britain. Its pensions agenda broadly mirrored proposals from the prior Conservative administration, including new rules obliging pension plans to disclose their investment allocation to UK assets...
When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...
This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...
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