Litigation over widely used "forever chemicals" that has led to big payouts in the U.S. could become a source of significant exposure for insurers and their policyholders in the U.K. following a recent settlement.
Litigation over widely used "forever chemicals" that has led to big payouts in the U.S. could become a source of significant exposure for insurers and their policyholders in the U.K. following a recent settlement.
The Financial Conduct Authority on Thursday shrugged off accusations it hasn't been tough enough on the insurance industry, as it prepares to draw up a formal response to a landmark consumer protection complaint.
European officials have rejected a bid by a unit of global insurance broker The Ardonagh Group to nix a trademark application by an American music teaching platform after ruling the average consumer would not mix up the two signs.
Dutch prosecutors have summoned a foreign pension fund that they suspect evaded €200 million ($231 million) in taxes on dividends through fraudulent refund claims, the government said Thursday.
U.K. retail investors will now be able to hold digital asset-linked securities in saving accounts and registered pension schemes, the country's tax authority said, in a move expected to offer consumers wider choice in a protected environment.
Pre-hospital emergency care company Ferno Group has offloaded £4 million ($5.4 million) of retirement savings liabilities to Legal & General Assurance Society Ltd., in a deal guided by Arc Pensions Law which was revealed on Thursday.
TPT Retirement Solutions said on Thursday that it intends to launch a new defined benefit superfund, claiming it has secured enough capital for its first deals worth £1 billion ($1.34 billion) in the fledgling sector.
