The Pensions Regulator (TPR) has recently published the final version of the long awaited General Code of Practice (the General Code). We recently published an article setting out the main features of the General Code and referring to some of
More about Part 3 – TPR’s general code of practice – Key highlights and action points for trusteesThe recent FMLC paper published on 6 February 2024 “Pension Fund Trustees and Fiduciary Duties – Decision-making in the context of Sustainability and the subject of Climate Change” throws a spotlight on a critical challenge for trustees today: balancing trustee
More about Part 4 – Climate update – The latest issues concerning pension scheme investment duties and decisionsMuch of the content of today’s Budget had been leaked to the press beforehand so many of the announcements were not unexpected, but there were still some surprises for private clients; chief among them a more radical reform of the
More about Budget 2024 – Key announcements for private clientsSome key highlights of legal updates affecting the Private Client industry over the past month are as follows. Offshore – consultation on transparency of trusts under the ROE The consultation period has now closed for the government’s consultation on “The
More about Private Client Legal Update – February 2024Post-colonial claims have exploded in recent years, partly because information is becoming more accessible, but also because moral and ethical considerations have become harder to ignore. In this article for The Times, Partner Tim Maxwell and Senior Associate Petra Warrington
More about Tim Maxwell and Petra Warrington author article in ‘the times’ on post-colonial claims and the complexities of negotiating returns of art and cultural propertyLast week, it was revealed that a recently rediscovered painting by Gustav Klimt, “Portrait of Fräulein Lieser” (1917), will be sold at the Viennese auction house Im Kinsky, in Vienna, in April. Senior Associate Petra Warrington has been quoted by
More about Senior associate quoted in the Financial Times – Rediscovered klimt painting tells a tale of post-war restitutionNilsson & Anor v Iqbal & Anor [2024] EWHC 49 (Ch) was an application by the joint trustees in bankruptcy of Mohammed Babar Iqbal for a declaration as to the beneficial ownership and an order for possession and sale of
More about The matrimonial home and agreeing a change in beneficial ownership – Court confirms importance of setting it out in writingSome key highlights from legal updates affecting the Private Client industry over the past month are as follows. Offshore – ROE consultation on trusts The UK government has published a consultation on widening public access to trust information held on
More about Private Client legal updates – January 2024