Our knowledge resources reflect the breadth and depth of our expertise, our insight into the issues which matter to your business, and our understanding of the markets in which you operate.
This chapter was first published in the International Comparative Guide to Derivatives, First Edition. In addition to this chapter, Travers Smith acted as the contributing editor to this practical cross-border insight into derivatives.
Partner and Head of Tax, Emily Clark, discusses why gathering and reporting investor tax information is becoming an increasingly important issue for private equity funds.
Writing for Pensions Aspects "I work in pensions" column, Partner and Head of Pensions, Daniel Gerring, shares his personal reflections on his career to date and the importance of bringing the best out in those whose decisions affect the lives of many others.
In this Lawtext article, Competition partner Stephen Whitfield and senior associate Ingrid Rogers examine the most recent merger control and national security developments in the UK.
In his International Mother Earth Day message, UN Secretary General, António Guterres, urged governments to turn the worldwide recovery from the Covid-19 pandemic into "a real opportunity to do things right for the future"[1].
Changing the defined contribution (DC) pension scheme might be something organisations are considering in the context of furlough or simply in the course of your ordinary business. Done well, change exercises can be a great opportunity to educate and engage employees about pension benefits. Helen Rowan identifies eight practical steps that HR teams should consider to make the pension change a success.
In this In Practice article Finance partner Donald Lowe and Knowledge Counsel James Bell examine the impact of COVID 19 on financial covenants. A borrower may seek to argue that financial ratios should be calculated on the basis of "EBITDAC", so that the effect of the Coronavirus is ignored.
The EU Commission has announced that, as a result of the Covid-19 crisis, the first reporting deadline for the new DAC 6 regime (EU directive 2018/822) will be delayed by 3 months.
The Pensions Regulator has recently gone on record with its views on diversity and inclusion (D&I) for the first time. As trustee boards are set to face increasing levels of scrutiny for a perceived lack of diversity, Daniel Gerring, Partner, Head of Pensions and Alex White, Associate at Travers Smith, explore why all pension scheme stakeholders can benefit from a change in approach towards D&I.
The Pensions Regulator has published several pieces of guidance for trustees, employers and administrators on coronavirus related issues. Our updated summaries of the guidance are published here.
The Coronavirus Job Retention Scheme (CJRS) is a government-funded scheme that provides a contribution towards wage costs for employers who stand staff down as a result of the COVID-19 crisis. Where, by reason of circumstances arising as a result of the coronavirus, the employer instructs an employee to cease all work in relation to their employment for 21 days or more, the employer can make them a "furloughed worker".
The Pensions Regulator has launched its consultation on a new framework for the regulation of DB scheme funding
The Pensions Climate Risk Industry Group (PCRIG) has published a consultation for occupational pension scheme trustees on "Aligning your Pension Scheme with the TCFD Recommendations". The consultation is on non-statutory guidance on assessing, managing and reporting climate-related risks.
The PPF has broadly confirmed changes to the calculation of insolvency risk scores for the purposes of calculating the pension protection levy for the 2021/22 levy year onwards. This affects scores starting from April 2020.
The Value Added Tax (Finance) Order 2020 aligns UK law with EU law regarding VAT on the supply of fund management services to DC occupational pension schemes, following the 2014 CJEU decision in the ATP case. It provides that such services are exempt from VAT from 1 April 2020.
Increased number of mergers in 2018/2019 referred to Phase II compared to previous years – analytics The UK’s Competition and Markets Authority (CMA) appears to be unafraid to take an expansive approach to jurisdiction in merger control, as signalled by recent reviews of deals in dynamic markets, according to competition lawyers.
Whilst it is a trite observation to make, the immense impact that COVID-19 is having on our daily lives has left us all increasingly looking to the environment for comfort.
Richard J Brown, Ingrid Rogers and Stephen Whitfield of the Competition Department recently wrote an article for the Competition Law Journal on the impact of data on EU merger control.
Finance partners Ed Smith and Donald Lowe and Knowledge Counsel James Bell recently wrote a chapter on Private Equity Restructuring.