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Insurance UK
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January 28, 2026
Pensions Body Calls For Contributions To Rise To 12%
The government must look to raise the minimum contribution to workplace pensions if people are to build up sufficient savings for retirement, an influential trade body warned Wednesday.
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January 28, 2026
Pension Funds Could Take Hit From Cap On Ground Rents
A government plan to cap ground rents for leaseholders could deal a major blow to the willingness of pension funds to invest in the U.K., experts have warned.
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January 28, 2026
FCA Awards Bond Data Contract Amid Legal Dispute
The Financial Conduct Authority said Wednesday it has signed a contract with Etrading Software to deliver the U.K. bond consolidated tape, as the regulator continues to defend itself against a legal challenge.
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January 28, 2026
Pensions Adviser Isio Launches Deals Service For Small Plans
Pensions advisory business Isio has launched a service that it said is designed to support smaller retirement savings plans as they seek to overcome barriers to potential buyouts with insurers.
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January 28, 2026
More Firms Sign Audit Stewardship Code Before Latest Launch
More than 290 companies with combined assets under management of more than £57 trillion ($78.5 trillion) have now signed the UK Stewardship Code, the Financial Reporting Council said Wednesday.
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January 28, 2026
Zurich UK Invests £1.3M In AI Apprenticeship Program
Insurance giant Zurich UK has launched an artificial intelligence apprenticeship program for staff as it looks to help employees to gain the confidence they need to embrace the new technology.
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January 28, 2026
FCA Urged To Clarify AI Rules For Senior Managers
The Financial Conduct Authority is facing calls from legal experts for it to plug gaps in its rules that could leave senior managers on the hook for failings in artificial intelligence under existing accountability regulations.
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January 27, 2026
Gov't Pension IHT Reforms Risk Delays, Costs, Report Finds
Plans by the government to apply inheritance tax to wealth transferred through pensions place a huge burden on the personnel dealing with the estate and risk causing "significant delays and costs," a House of Lords committee warned in a report published Wednesday.
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January 27, 2026
Lloyd's Syndicate Says Reinsurers Owe Millions Over COVID
A Lloyd's of London syndicate told a trial Tuesday that a group of underwriters and insurance companies owe it several million dollars for losses suffered when venues shut down around the globe during the COVID-19 pandemic.
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January 27, 2026
Pinsent Masons Steers AUB's Buy Of UK Insurance Broker
Australian insurance broking and underwriting agency group AUB Group Ltd. said Tuesday that it has agreed to acquire a majority stake in the insurance business of insurance holding company PIHL Holdings Ltd., boosting its footprint in the U.K.
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January 27, 2026
DLA Piper Guides £6.6M Pension Deal For Norwegian Food Biz
The Norwegian food company Kavli Group has offloaded £6.6 million ($9 million) of its U.K. retirement scheme liabilities to Pension Insurance Corp. PLC, the insurer said Tuesday, in a deal steered by DLA Piper and CMS Cameron McKenna Nabarro Olswang LLP.
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January 27, 2026
FCA Moving Too Slowly On Red Tape Cuts, Lloyd's Body Says
The Financial Conduct Authority should go further this year to reduce the burdens on Lloyd's of London insurers, a trade body said, warning that progress so far in dealing with red tape has been too slow.
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January 27, 2026
FCA Studying Impact Of AI On Financial Services, Markets
The finance watchdog launched a wide-ranging review into how artificial intelligence could reshape financial services and markets in the long-term on Tuesday, as regulators face growing pressure to keep pace with the fast-moving technology.
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January 27, 2026
UK Finance Gender Pay Gap One Of The Highest, EY Says
The U.K. has one of the highest board-level gender pay gaps in the transatlantic financial services market, Ernst & Young LLP has said in a study, despite narrowing the renumeration divide to 29% from 40% since 2020.
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January 26, 2026
Costain's New Pension Deal Boosts Shareholder Returns
Costain Group PLC said Monday that it has reached a new agreement for its defined benefit pension scheme with its trustee, which will help it boost shareholder returns, as it announced a new £20 million ($27.4 million) share buyback program.
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January 26, 2026
FCA Rejects Business COVID Claim Deadline Extension Bid
The City watchdog has rejected a bid by a law firm and a group of hospitality sector trade groups to extend the deadline for business interruption claims linked to the COVID-19 pandemic.
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January 26, 2026
Marsh Boosts Data Center Cover To $2.7B For AI Boom
Insurance giant Marsh McLennan said Monday it is able to offer higher payouts on claims under its flagship data center insurance facility, amid a boom in construction to support the rollout of new artificial intelligence technology.
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January 26, 2026
FCA Warns Crypto Sector Against Mistreating Consumers
The Financial Conduct Authority has warned crypto asset businesses against providing unsuitable products to consumers in draft guidance on applying the Consumer Duty under the crypto asset regime that comes into force in 2026.
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January 26, 2026
Arc Guides Finnish Airline's £4M Pension Deal With Aviva
Finland's national airline has offloaded £4 million ($5.5 million) of its pension liabilities to insurer Aviva PLC, advisers said Monday, in a deal guided by Arc Pensions Law.
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January 26, 2026
UK Civil Service Pension Plan Members Face Payment Delays
Scores of retired members of the U.K.'s Civil Service pension plan have not received their pension payments due to issues hampering the handover between the companies administering the program, the Public and Commercial Services Union has said.
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January 23, 2026
Taxation With Representation: Vinge, A&O Shearman, Cassels
In this week's Taxation With Representation, Swedish private equity company EQT buys U.K. secondaries firm Coller Capital, biopharmaceutical giant GSK PLC acquires Rapt Therapeutics Inc., and fusion energy company General Fusion announces plans to go public by merging with special purpose acquisition company Spring Valley Acquisition Corp. III.
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January 23, 2026
UK Litigation Roundup: Here's What You Missed In London
This past week in London saw Travelers Insurance hit with a claim from a property buyer over a payout tied to collapsed law firm Axiom Ince, Swedish music group Pophouse Entertainment clash with the production company that helped it create the ABBA Voyage experience, and biotech company Vertex Pharmaceuticals sue rival entity ToolGen for patent infringement.
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January 23, 2026
Systemic Issues Drive UK Gender Pension Gap, Study Says
Policymakers should assess what barriers affect long-term planning for retirement saving for women, rather than assuming that they lack confidence, when explaining the gender pension gap, a report published Friday says.
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January 23, 2026
FCA Proposes More Standards For Crypto Asset Regulation
The Financial Conduct Authority proposed Friday further rules on how crypto asset companies should treat consumers under the new regulatory regime for digital assets due for implementation later this year.
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January 23, 2026
FRC Issues New Guidance After Virgin Media Pension Ruling
Britain's audit regulator released new guidance on Friday that clarifies how pension programs should comply with the findings of a landmark court judgment.
Expert Analysis
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Examining Senior Managers' Accountability For AI Use
With the Financial Conduct Authority's artificial intelligence update and the Prudential Regulation Authority’s letter to the government offering key guidance on the Senior Managers and Certification Regime, Senior Managers in these organizations need to show they have taken steps to prevent breaching requirements in order not to be held personally accountable, says Jennifer Holyoake at DLA Piper.
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What Cos. Should Know About The EU Greenwashing Rules
The EU's recently proposed Green Claims Directive introduces new rules to improve the transparency and honesty of environmental claims in advertising, which will help ensure that consumers receive accurate and reliable information to make informed purchasing decisions, says Daja Apetz-Dreier at Morgan Lewis.
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The Art Of Corporate Apologies: Crafting An Effective Strategy
Public relations challenges often stop companies from apologizing amid alleged wrongdoing, but a recent U.K. government consultation seeks to make this easier, highlighting the importance of corporate apologies and measures to help companies balance the benefits against the potential legal ramifications, says Dina Hudson at Byfield Consultancy.
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Dissecting Recent Developments Against The Misuse Of NDAs
The U.K. government's recent plans to nullify nondisclosure agreements that prevent victims from reporting crimes should remind lawyers to proactively consider the necessity of such agreements, especially in light of the Solicitors Regulation Authority's warning notice on drafting improper NDAs, say Clare Davis and Macaela Joyes at RPC.
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What To Know About The Russia-Stranded Plane Ruling
The High Court's recent decision in Zephyrus Capital Aviation v. Fidelis Underwriting, rejecting reinsurers' U.K. jurisdiction challenges in claims over stranded planes in Russia, has broad implications for cross-border litigation involving exclusive jurisdiction clauses, says Samantha Zaozirny at Browne Jacobson.
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3 Notable Pensions Reforms In Spring Budget
The U.K. government’s spring budget introduced reforms to improve pension outcomes through the value for money framework and the lifetime provider model, as well as to encourage investments in Britain — three interlinked areas that could pressure trustees and providers to rethink how they approach investments, say Liz Ramsaran and Marcus Fink at DWF.
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UK Arbitration Ruling Offers Tips On Quelling Bias Concerns
An English court's recent decision in H1 v. W to remove an arbitrator because of impartiality concerns offers several lessons on mitigating bias, including striking a balance between arbitration experience and knowledge of a particular industry, and highlights the importance of careful arbitrator appointment, says Paul-Raphael Shehadeh at Duane Morris.
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Bias Ruling Offers Guidance On Disqualifying Arbitrators
An English court's recent decision in H1 v. W, removing an arbitrator due to bias concerns, reaffirms practical considerations when assessing an arbitrator's impartiality, and highlights how ill-chosen language by an arbitrator can clear the high bar for disqualification, say Andrew Connelly and Ian Meredith at K&L Gates.
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Insurance Policy Takeaways From UK Lockdown Loss Ruling
An English court's recent decision in Unipolsai v. Covea, determining that insurers' losses from COVID-19 lockdowns were covered by reinsurance, highlights key issues on insurance policy wordings, including how to define a "catastrophe" in the context of the pandemic, says Daniel Healy at Brown Rudnick.
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What COVID Payout Ruling Means For Lockdown Loss Claims
While the High Court's recent COVID-19 payout decision in Gatwick v. Liberty Mutual, holding that pandemic-related regulations trigger prevention of access clauses, will likely lead to insurers accepting more business interruption claims, there are still evidentiary challenges and issues regarding policy limits and furlough, say Josianne El Antoury and Greg Lascelles at Covington.
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Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
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Top Court Hire Car Ruling Affects 3rd-Party Negligence Cases
The U.K. Supreme Court's recent decision in Armstead v. Royal & Sun Alliance, finding that an insurer was responsible for lost car rental income after an accident, has significant implications for arguing economic loss and determining burden of proof in third-party negligence cases that trigger contractual liabilities, say lawyers at Macfarlanes.
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Unpacking The Building Safety Act's Industry Overhaul
Recent updates to the Building Safety Act introduce a new principal designer role and longer limitation periods for defects claims, ushering in new compliance challenges for construction industry stakeholders to navigate, as well as a need to affirm that their insurance arrangements provide adequate protection, say Zoe Eastell and Zack Gould-Wilson at RPC.
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A Rare Look At Judicial Interpretation Of LEG Exclusions
A Florida federal court’s order last month in Archer Western-De Moya v. Ace American Insurance and an earlier decision from a D.C. federal court offer insight into how courts may interpret defects exclusion clauses developed by the London Engineering Group — filling a void in case law in the area, says Jonathan Bruce at Holman Fenwick.
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Ruling In FCA Case Offers Tips On Flexible Work Requests
In Wilson v. Financial Conduct Authority, the Employment Tribunal recently found that the regulator's rejection of a remote work request was justified, highlighting for employers factors that affect flexible work request outcomes, while emphasizing that individual inquiries should be considered on the specific facts, say Frances Rollin, Ella Tunnell and Kerry Garcia at Stevens & Bolton.