A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
An approaching deadline for new claims for COVID-19 business interruption has prompted a series of last-minute court filings, but lawyers say that any fresh disputes will be narrow and likely to focus on complex questions not resolved by earlier test cases.
Insurers are likely to run again into the thorny question of whether aircraft grounded amid airport closures in the Middle East are already within the "grip of the peril" if leasing companies make claims for damages on canceled policies, lawyers said.
.jpg)
The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.
Previous
Next
A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
An approaching deadline for new claims for COVID-19 business interruption has prompted a series of last-minute court filings, but lawyers say that any fresh disputes will be narrow and likely to focus on complex questions not resolved by earlier test cases.
Insurers are likely to run again into the thorny question of whether aircraft grounded amid airport closures in the Middle East are already within the "grip of the peril" if leasing companies make claims for damages on canceled policies, lawyers said.
The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.
-
April 30, 2026
Schroders Capital has said one of its investment vehicles has committed more than £100 million ($135.2 million) of pension capital and government-backed money to a range of British technology and artificial intelligence startups.
-
April 30, 2026
The U.K. retirement savings watchdog has finalized rules for new collective type pension plans, which will go live in October.
-
April 30, 2026
The government has said it will introduce reforms to allow existing capital market structures to be used for the U.K.'s planned new captive insurance regime.
-
April 30, 2026
A group of insurers have claimed that they do not have to pay any more to a pensions provider because its policy limits have been exhausted, arguing that the court should not restore the £35 million ($47.3 million) annual liability limits of the policies.
-
April 29, 2026
A global standard setter published finalized guidance on Wednesday for regulators and national authorities to determine which insurance companies should be required to prepare for potential failure.
-
April 29, 2026
The number of complaints made by consumers to the Financial Conduct Authority over insurance spiked 10% in the second half of 2025, official figures show, months after a landmark "super complaint" into widespread failings in the sector.
-
April 29, 2026
The government's planned pension reforms passed into law on Wednesday after ministers agreed to introduce last minute guardrails on controversial new powers.
-
April 29, 2026
The Financial Conduct Authority said Wednesday in its latest Market Watch newsletter that businesses must share customer information with each other on market abuse and other financial crime as far as the law allows.
-
April 29, 2026
The Bank of England's regulatory arm floated measures on Wednesday that would see funded reinsurance transactions involving U.K. life insurance companies face enhanced regulatory requirements, amid fears its growing use poses wider risks to financial stability.
-
April 28, 2026
People's Partnership has become the first British master trust provider to join the Pensions Management Institute's Development Partnership program, which aims to raise professional standards across the pensions industry.
-
April 28, 2026
Company bosses need to be transparent with investors regarding the use of new technology, an insurer warned Tuesday, amid the growing threat of litigation over so-called AI washing.
-
April 28, 2026
Fears over a tax raid on pensions have led to a surge in Britons cashing out of their long-term savings in the run-up to Budget announcements, a consultancy found Tuesday.
-
April 28, 2026
Four in five adults in Britain are not aware of the long-awaited pensions dashboards project designed to connect savers with lost savings pots, according to a KPMG survey, with knowledge of the forthcoming portals lowest among those closest to retirement.
-
April 28, 2026
Britain is becoming an increasingly elderly society, with major implications for pensions, the economy and public services, the Office for National Statistics said Tuesday.
-
April 28, 2026
An industrial adhesives manufacturer has settled its £5.7 million ($8 million) row with two insurers over losses the company allegedly sustained fighting claims over defective products it sold in the U.K. and Germany.
-
April 27, 2026
The push to create new pension megafunds in the coming years could further concentrate power in the hands of just a few professional trustees, a consultancy warned Tuesday.
-
April 27, 2026
The European Union's insurance watchdog has given lawmakers draft rules supporting the sector's new resolution regime, which include setting up centralized resolution colleges to help manage the closure or restructuring of failing insurance groups.
-
April 27, 2026
Broadstone said on Monday that it will provide administration services to members of the Videndum DB Pension Scheme a week after the retirement savings plan revealed that it would transfer into defined benefit superfund Clara Pensions.
-
April 27, 2026
The government was forced to refund £44.1 million ($59.7 million) in overcharged tax on pension income in the first three months of the year, a figure that has remained largely unchanged despite reforms last year.
-
April 27, 2026
The European Union's market regulators warned national watchdogs, financial institutions and investors on Monday to closely manage the risk to private finance from its exposure to cloud software operators that use artificial intelligence.
-
April 27, 2026
Brookfield Wealth Solutions has warned of potential job cuts at Just Group that would go "materially beyond" plans it disclosed last year ahead of its £2.4 billion ($3.25 billion) acquisition of the pension insurer, which regulators approved in March.
-
April 24, 2026
The Financial Conduct Authority said Friday that financial services companies are facing growing risks from artificial intelligence-led attacks and finding it difficult to get senior manager support in developing defenses.
-
April 24, 2026
The past week in London has seen a Hong Kong company sue the government and a COVID-19 PPE company linked to Tory peer Michelle Mone, an oligarch bring a fresh claim against a rival in a long-running feud, a rugby league club sue over a canceled mass dance event, and Visa and Mastercard hit with legal action from H&M, Eurostar, and Bang & Olufsen. Here, Law360 looks at these and other new claims in the U.K.
-
April 24, 2026
The Pensions Regulator has warned that retirement savings plans are falling behind in preparing their members' data for new online pensions dashboards, with six months to go before a hard deadline for the landmark project.
-
April 24, 2026
The Financial Conduct Authority said Friday that it has spearheaded a week of global action to stop illegal "finfluencers" who put consumers' money at risk.