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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May 15, 2026
Britain's Information Commissioner's Office has said all businesses must take "proactive steps" to address the evolving and growing threat of artificial intelligence-powered cyberattacks.
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May 15, 2026
BlackRock has launched a new fund aimed at giving defined contribution pension savers broader access to private market investments, amid building momentum in the U.K. to channel more retirement savings into so-called productive finance assets.
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May 15, 2026
The government must push ahead with building reforms before insurers can slash the price of cover for those living in high rise flats, a trade body said.
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May 15, 2026
The former executive chair of the collapsed Metamorph Group of law firms has said he does not owe approximately £1.1 million ($1.5 million) to two insurers under personal guarantees, arguing that money he authorized for release to them discharged his obligations.
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May 14, 2026
Insurance giant Aviva PLC reported Thursday a steep decline in pension deals in the first quarter, owing to new competitive pressures in the market.
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May 14, 2026
The highest earners in the private sector will be hit the hardest by the U.K. government's decision to cap tax-free pension salary sacrifices at £2,000 ($2,700), the Institute for Fiscal Studies has said, with finance and insurance among the most affected industries.
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May 14, 2026
The Pensions Regulator on Thursday launched a new compliance drive aimed at thousands of defined benefit and hybrid pension schemes, warning they must urgently improve the accuracy of member data before connecting to the U.K.'s incoming dashboards portals.
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May 14, 2026
The government is facing a renewed legal challenge over its refusal to offer compensation to women affected by failures in state pension provision.
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May 14, 2026
Approximately 12.2 million people in the U.K. risk being unable to afford even a basic standard of living in retirement, according to pensions provider Scottish Widows.
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May 14, 2026
The government has appointed Joanne Segars to chair the Pension Protection Fund at a time when the compensation organization is facing calls for reform amid a £14 billion ($18.9 billion) surplus.
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May 13, 2026
A High Court judge on Wednesday blocked an attempt by insurers Chubb and Fidelis to claim contributions from a group of underwriters for their liability to aircraft lessors for planes stranded in Russia after the invasion of Ukraine.
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May 13, 2026
A group of TUI Airways pilots told an appeals court on Wednesday that a judge had wrongly dismissed their claims of breach of contract after their employer slashed an income protection program for those unable to fly because of illness.
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May 13, 2026
The government must look again at how it can use the £14 billion ($19 billion) in reserves held by the U.K.'s Pension Protection Fund to boost the economy or top up the retirement income of Britons, a trade body said.
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May 13, 2026
The British government has launched a project designed to attract around £99 billion ($133.8 billion) of Australian pension fund investment over the next decade as part of its broader bid to direct retirements savings capital toward the U.K.
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May 13, 2026
The Financial Conduct Authority said on Wednesday that it has launched a review into investment firms to establish whether they are doing enough to support clients going through bereavement after a poll showed that fewer than half were given adequate support.
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May 13, 2026
The overall surplus of U.K. retirement saving programs fell by £5.3 billion ($7.2 billion) in April as continuing market volatility pushed down funding for the second month in a row, the Pension Protection Fund has said.
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May 13, 2026
Leeds Building Society has completed a £66 million ($90 million) bulk purchase annuity transaction for its staff retirement program, Royal London Group said on Wednesday.
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May 12, 2026
The Financial Conduct Authority said on Tuesday that it has fined a pensions adviser £755,000 ($1 million) and banned him from working in financial services in Britain for acting without integrity and putting customers at risk for personal gain.
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May 12, 2026
The government has issued a statement clarifying how it wants pension wealth to be brought into the scope of inheritance tax next year.
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May 12, 2026
The Pensions Regulator has opened a consultation on a refreshed corporate strategy that will guide its work over the next five years, as the pensions market is set to undergo major changes through the Pension Schemes Act 2026.
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May 12, 2026
The Swiss financial markets watchdog released plans on Tuesday to tighten up its anti-money laundering rules, with new measures that would require banks, insurers and investment funds to understand the ownership and control structure of the customer.
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May 12, 2026
Pension reforms introduced in recent government legislation will accelerate the use of artificial intelligence within the retirement savings sector as more organizations turn to digital tools to meet regulatory requirements, an insurance technology company said Tuesday.
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May 12, 2026
European insurance giant Munich Re said Tuesday that it has logged €90 million ($106 million) in claims arising from the Iran war, as it shrugged off concerns over the wider impact of inflation on claims.
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May 11, 2026
The managers of a Scottish local authority's pension fund denied that their decision to invest £104 million ($142 million) in a portfolio of Swedish wind farms was an "existential gamble," saying that the claim is "based entirely on hindsight."
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May 11, 2026
The European Union's markets regulator said Monday that it has found poor compliance and senior management oversight at many European fund managers after it carried out a common supervisory action.