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July 07, 2026
The government has said it accidentally overtaxed millions of Britons for their state pension income over four years, but that the tax ministry is working to ensure the error will not be repeated.
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July 07, 2026
The owners of a ship stranded in a Ukrainian port told a London court Tuesday that their war-risk insurers, including Lloyd's and Berkshire Hathaway, are liable for approximately $3.4 million in maintenance and replacement insurance costs after Russia's invasion trapped the vessel in a war zone.
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July 07, 2026
Underwriter ANV Group Holdings Ltd. has said it completed its acquisition of Lloyd's of London intermediary Iris Insurance Brokers Ltd., as it plots further U.K. expansion.
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July 07, 2026
Capita PLC said Tuesday that its handling of the Civil Service Pension Scheme was "not good enough" after the government withheld £9.9 million ($13.2 million) in payments under its contract to administer the program, citing missed performance targets and service failures.
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July 07, 2026
A transport and logistics insurer warned on Tuesday that a forecasted "super" El Niño poses a systemic risk to global supply chains because of its potential to drive up temperatures around the world.
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July 06, 2026
Britain's financial services lifeboat fund has said it paid out £267 million ($365.7 million) in compensation to more than 14,000 customers affected by companies failing in the last financial year.
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July 06, 2026
The Financial Conduct Authority said in a review on Monday that artificial intelligence will transform services in the sector for consumers, proposing a seven-step framework to determine how it intends to regulate the technology.
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July 06, 2026
A campaign group has launched a legal challenge against a London council and its actuary over whether it failed to account for the financial risk from climate change in its pension fund valuation.
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July 06, 2026
Britain's retirement savings watchdog has called on the pensions industry to engage with the government's consultation on new rules designed to stop workers from transferring long-term savings to bogus plans.
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July 06, 2026
More than half of pension professionals support the government's plans to spur the £400 billion ($534 billion) local government pension system to invest in local economies — provided it doesn't affect the performance of funds, a trade body has found.
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July 06, 2026
A group of insurers on Monday defeated claims seeking up to €580 million ($682 million) to repair damage to the Nord Stream gas pipelines, as a London judge ruled that the explosions in 2022 were an act of war arising from the Russia-Ukraine conflict.
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July 06, 2026
Defense technology company Key Technologies Ltd. has completed a £5 million ($6.7 million) full-scheme buy-in to secure the retirement benefits of all 48 members of its pension program, U.K. consultant Broadstone said Monday.
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July 03, 2026
The past week in London, Russia's state development bank was sued in a commercial fraud claim involving military GPS technology, one of Nike's subsidiaries brought an intellectual property claim against a menswear company owner, BlackBerry re-opened a $6.49 million claim against its South Asian licensee and CBRE property services filed a claim against CMS Cameron McKenna Nabarro Olswang LLP.
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July 03, 2026
An appeals court rejected on Friday an insurer's argument that its former chief executive had dishonestly pocketed £1.7 million ($2.3 million) from the business, ruling that a judge had fairly concluded that he believed he was authorized to take the money.
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July 03, 2026
Insurance giant Allianz has launched a new managing general agent to offer U.K. motorists access to car insurance through streamlined digital channels.
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July 03, 2026
The Financial Conduct Authority has set out proposals to simplify how financial services platforms and advisers disclose investment costs to consumers by merging fragmented rules on disclosure into a single approach.
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July 03, 2026
More than nine in 10 U.K. pension professionals expect to take advantage of planned new government rules that would allow defined benefit retirement schemes to release surplus funds, a pensions consultant has said.
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July 03, 2026
German Khan can't lift European Union sanctions against him, because the oligarch manages the assets of Alfa Bank which is one of the most important companies in Russia's banking sector, an advocate general of Europe's top court has said.
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July 03, 2026
Insurance giant Allianz has sued the British and Romanian arm of an international road haulage company for around £1.7 million ($2.27 million) over the "willful misconduct" it said led to thieves getting away with high-value Burberry stock.
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July 03, 2026
The markets watchdog of the European Union has released a plan to simplify transaction reporting for financial institutions by eliminating duplication across rules as it seeks to save up to €1 billion ($1.14 billion) a year.
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July 02, 2026
Three personal injury claimants on Thursday sought to revive their data privacy claim against DWF, arguing at an appeals court that the law firm should not have shared their health data in proceedings involving their insurers without removing identifying information.
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July 02, 2026
The U.K.'s state-backed flood insurance body has said it will slash premiums for renters or owners in low-value housing, as part of a wider restructuring.
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July 02, 2026
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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July 02, 2026
The trustees of a pension plan for former British coal industry workers have appointed asset management giant BlackRock as investment manager for the £8 billion ($11 billion) retirement savings program.
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July 02, 2026
The Financial Conduct Authority warned insurance companies on Thursday that consumers with savings in older pension investment products might not be getting good value for their money.