The corporation that oversees the Lloyd's of London insurance market has denied it owes about $725,000 to the owners and operators of container ship Ever Forward, which ran aground in 2022, arguing that the vessel was not seaworthy.
The corporation that oversees the Lloyd's of London insurance market has denied it owes about $725,000 to the owners and operators of container ship Ever Forward, which ran aground in 2022, arguing that the vessel was not seaworthy.
Britain's highest court should take the most obvious interpretation of the question of whether state furlough grants made during the COVID-19 pandemic reduced the wage bill of businesses, insurers argued at a hearing on Thursday.
Proposals by the Financial Conduct Authority to better support consumers who have not taken financial advice make informed decisions when transferring their pension must go further, retirement saving groups said Thursday.
The U.K. government published on Thursday its detailed proposed changes to the appointed representatives regime, which will give the Financial Conduct Authority new powers to crack down on misconduct.
M&G PLC said Thursday that it has completed a £235 million ($320 million) buy-in transaction to secure the retirement benefits of members of Avon Products Inc.'s pension plan.
Festina Finance said Thursday it has helped migrate 1.4 million retirement savings plan members to the new pensions system in the Netherlands, in one of the world's largest overhauls of a national pension program.
