New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
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.
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New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
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.
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June 04, 2026
A government-backed organization that provides consumers with financial guidance will receive £4 million ($5.4 million) in funding to help financially stressed small businesses and sole traders, HM Treasury said on Thursday.
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June 04, 2026
The City watchdog said Thursday that it has launched an investigation into a car finance claims management company over concerns that consumers might have been signed up without their consent using forged signatures.
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June 04, 2026
A retirement savings organization designed to improve pensions administration has issued guidance that it said would strengthen understanding of career pathways in the sector, amid concerns of unclear progression routes and changing expectations around roles.
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June 04, 2026
A motor dealership has offloaded £160 million ($215 million) of its pension scheme liabilities to insurer Just Group, in a deal guided by CMS Cameron McKenna Nabarro Olswang LLP.
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June 04, 2026
Pension funds with greater investment in growth assets need to be cautious amid rising economic volatility, a consultancy warned Thursday.
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June 04, 2026
U.K. legislation requiring multi-employer pension schemes to consolidate into "megafunds" with at least £25 billion ($33.6 billion) in assets is not guaranteed to deliver higher returns for savers, the Pensions Policy Institute (PPI) said on Tuesday.
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June 03, 2026
Many people are not contributing enough to their pension plans, a trade body warned on Wednesday, as a commission considers ways to increase the nation's retirement savings.
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June 03, 2026
Private equity-backed JMG Group has said that it has bought three more insurance and risk service businesses across England and Scotland as the insurance broker continues to grow.
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June 03, 2026
The owner and manager of an oil tanker seized by Iran in the Strait of Hormuz told a court Wednesday that insurers should pay about $48 million for the ship, saying they did everything possible to recover it.
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June 03, 2026
A property management company has offloaded £10 million ($13.4 million) of its workplace pension liabilities to insurer Legal & General, advisers said Wednesday, in a deal steered by Neon Legal.
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June 03, 2026
A trade body for underwriters in London has said it is "delighted" that the Bank of England's supervisory arm has moved to get rid of quarterly reporting obligations for overseas insurers with branches in the U.K.
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June 03, 2026
Broker WTW has acquired a web-based insurance platform designed to provide access to insurance products for cryptocurrency and digital assets, a move the broking and advisory business said would help "shape the future of risk transfer" in the digital economy.
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June 03, 2026
Britain's financial watchdog said Wednesday it has warned football clubs about sponsorship deals from unauthorized financial companies that could potentially expose them to legal risks and their fans to the danger of losing money.
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June 02, 2026
A London judge denied a group of motorists permission to join the major group "Dieselgate" litigation against the Stellantis auto group, ruling Tuesday that they had not kept to the deadline to join the action.
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June 02, 2026
New research has found that around 2.2 million young adults in Britain believe it is pointless to engage with their pension as they do not believe they will ever retire, amid continuing concern over the generational savings divide in the U.K.
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June 02, 2026
The government should consider new tax rules to ensure new collective pension plans are a success, a consultancy warned on Tuesday.
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June 02, 2026
The new chair of a trade body for actuarial consultants has said he will push for a more well-governed pension system.
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June 02, 2026
Financial services provider Admiral has said it has completed the acquisition of Flock in a transaction that values the vehicle fleet insurer at £80 million ($108 million).
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June 02, 2026
Pension scheme trustees and providers will need clear governance frameworks with strong controls and human oversight when using artificial intelligence to implement a raft of forthcoming retirement savings reforms, an insurance technology company said Tuesday.
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June 02, 2026
Motor insurance underwriter Sabre Insurance Group PLC rolled out on Tuesday a share repurchase program worth up to £5 million ($6.7 million) as it seeks to reward investors and cut its share capital.
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June 01, 2026
A private investment company has sued an insurance company for more than £40 million ($53.8 million), alleging that it is entitled to payouts under thousands of after-the-event insurance policies linked to unsuccessful cavity wall insulation claims.
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June 01, 2026
South Korean insurer DB Insurance has completed the $1.65 billion cash acquisition of U.S. insurance company the Fortegra Group from Tiptree Inc. and private equity firm Warburg Pincus LLC after receiving all the required approvals from regulators and shareholders.
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June 01, 2026
Regulation may be the biggest factor holding back greater use of agentic artificial intelligence at financial technology companies such as digital-only banks, according to a report on the global financial technology sector published Monday.
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June 01, 2026
An insurance company has accused Clarion Housing Association Ltd. of claiming payouts of more than £2.9 million ($3.9 million) under bonds that the insurer said it issued because of false misrepresentations.
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June 01, 2026
The number of claims management companies has plummeted by almost a half in the seven years since the Financial Conduct Authority took over supervision of the sector, official figures revealed Monday.