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                GMP equalisation 2019 update - what trustees and employers should do now

                25 Nov 2019
                Pensions analysis: As time ticks on for trustees and employers regarding the equalisation of guaranteed minimum pensions (GMPs), we look at recent developments which can inform decisions made to ensure legal requirements are met. Suzanne Duff, partner, and Naomi Jacques, associate at Womble Bond Dickinson, provide an overview of the most notable developments in recent months and consider what steps will be necessary to achieve successful GMP equalisation.

                Will new rules on crowdfunding have a significant impact on UK SMEs and start-ups who are reliant on alternative finance?

                21 Nov 2019
                The UK is heavily reliant on SMEs and start-up businesses, who made up 52% of all private sector turnover in 2018 and 60% of all private sector employment. These companies are more and more often looking at Crowdfunding as a method of solving a perceived lack of external financing (known as the 'funding gap') available for such companies. Whilst the factual evidence surrounding the existence of the 'funding gap' is not conclusive, the rules on alternative external funding can be hugely important to such businesses, potentially unlocking the investment to get them through those "touch and go" initial years.
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                WBD appointed to National Grid's UK legal panel

                20 Nov 2019
                WBD has been appointed to a new full service legal panel for energy giant National Grid following a competitive tender process. The number of firms on the legal framework has been reduced from 12 to ten with WBD the only new firm to be appointed to the panel. National Grid is a FTSE 100 company and one of the world’s largest investor-owned energy companies.
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                What the Green Party manifesto proposes on pensions

                20 Nov 2019
                The Green Party released its manifesto on Tuesday which included a number of proposals for the UK pensions systems. Most of these relate to the state side of the pension and care system – for example, including pensioners in the proposed universal basic income system at the higher rate of £178 per week, and the provision of taxpayer funded personal social care for those who require it, mirroring the current Scottish system.

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