The use of artificial intelligence by wealth managers will amplify weak financial crime controls identified by the Financial Conduct Authority and increase the threat of crime, lawyers warned.
Insurers covering vessels transiting the Strait of Hormuz could be at risk of breaching international sanctions against Iran if they reimburse shipowners that might be forced to pay transit tolls to Tehran under any settlement reached after the war, legal experts warned.
The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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The use of artificial intelligence by wealth managers will amplify weak financial crime controls identified by the Financial Conduct Authority and increase the threat of crime, lawyers warned.
Insurers covering vessels transiting the Strait of Hormuz could be at risk of breaching international sanctions against Iran if they reimburse shipowners that might be forced to pay transit tolls to Tehran under any settlement reached after the war, legal experts warned.
The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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August 26, 2026
A London court ruled Wednesday that a group of property investors can't extend a limitation deadline to sue a formerly defunct law firm because they waited too long to act after it was restored to the public register.
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August 26, 2026
The U.K. government should shift the tax burden from younger workers toward wealth, property and passive gains, a progressive think tank said Wednesday.
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August 26, 2026
The Financial Conduct Authority should streamline its new rules on the £567 billion ($660 billion) personal pensions market, a trade body said Wednesday, warning of disproportionate new regulatory burdens.
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August 26, 2026
A solicitor has been reprimanded and ordered to pay £39,000 ($53,056) in costs after a tribunal found he had breached his duties as a compliance officer by submitting a number of inaccurate insurance forms for more than five years.
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August 26, 2026
The average cost of a cyberinsurance claim from the U.K.'s largest businesses doubled to $2.2 million in 2025, according to data from insurer Chubb.
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August 26, 2026
Aviva said it has begun to include terrorism cover in standard business policies as part of a broader government-backed effort to close the protection gap among small and midsized companies.
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August 25, 2026
The government needs to provide clear deadlines and temporary guidance as soon as possible so that pension providers can plan with confidence, a trade body said Tuesday.
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August 25, 2026
The role of the professional trustee is moving into a "new phase" as pension plans consider a wider range of endgame options, a leading consultancy said Tuesday.
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August 25, 2026
Chesnara PLC said Tuesday that it is eyeing further acquisitions and "opportunities to grow the business" after a string of deals which the life insurer and pensions provider expects will significantly expand its business.
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August 25, 2026
A solicitor struck off for dishonesty and practicing without valid insurance failed Tuesday in his bid to return to the profession, after a tribunal reasoned that he had not demonstrated sufficient rehabilitation or exceptional circumstances warranting his restoration to the roll.
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August 24, 2026
Commercial insurance broker Clear Group said Monday that it has acquired specialist Lloyd's wholesale broker Newman Pearce & Partners LLP to strengthen its presence in the London and international markets.
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August 24, 2026
Proposals by the Financial Conduct Authority to streamline how financial services platforms disclose investment costs to consumers add "complexity and inconsistency" that might make it harder for Britons to make informed decisions, a trade group has said.
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August 24, 2026
Insurance intermediary platform ANV said Monday it has agreed to acquire a motor warranty business from AmTrust Financial Services Inc. for an unspecified amount.
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August 24, 2026
Nine Lloyd's insurers are trying to avoid covering the criminal defense costs of two former Petrofac executives ahead of their bribery trial in October, arguing that the executives failed to disclose matters relating to their alleged offenses as part of their directors' and officers' insurance.
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August 24, 2026
Paying defined benefit pension scheme surpluses to employers must become more flexible, a retirement savings trade group has said, amid the U.K.'s plans to allow sufficiently robust programs to release cash.
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August 24, 2026
P&O Ferries has paid £94 million ($128 million) to the Merchant Navy Ratings Pension Fund, a move the retirement savings plan said Monday would settle all historic contributions the ferry operating giant owed to the plan.
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August 21, 2026
More than nine in 10 sponsors of U.K. defined benefit pension programs have either reviewed or are currently scrutinizing their long-term retirement strategy, a new report says, as businesses now weigh a wider number of options for the future of their schemes.
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August 21, 2026
The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.
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August 21, 2026
Investment manager M&G PLC said it has completed an £85 million ($116 million) buy-in transaction with a pension program sponsored by British flooring and wall cladding company Altro Ltd. for its employees.
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August 21, 2026
The administrators of SSB Law have sued another of the collapsed firm's insurers for £6.5 million ($8.9 million) to recover after the event litigation premiums linked to cavity wall insulation claims, arguing that the policies were never truly effective.
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August 21, 2026
Investment company Helios Underwriting PLC said Friday it has increased its stock repurchase program by a further £500,000 ($683,000), bringing the total the company plans to buy back from investors to as much as £2.5 million.
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August 20, 2026
Vantage Group Holdings, a specialty insurance and reinsurance company based in Bermuda, said Thursday it has hired the former legal chief of AIG and Seaport Entertainment Group as its general counsel.
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August 20, 2026
International Public Partnerships, an infrastructure investment company, has agreed to divest its holdings in nine projects involving 15 London schools, a move it expects will generate gross proceeds of more than £58 million ($79 million) when the deal completes.
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August 20, 2026
A group of British pension plans has committed £400 million ($545 million) to an investment fund of collected retirement savings programs designed to invest capital into local infrastructure and other U.K. assets.
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August 20, 2026
The U.K. government should involve commercial insurers at an early stage when developing major infrastructure, climate resilience, digital and industrial projects, a trade body for the sector said Thursday.