The government has admitted that hundreds of thousands of people receiving a National Health Service pension will need to wait nearly two years to see their benefits potentially increase.
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THURSDAY, APRIL 3, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Gov't Confirms Major Delays For NHS Workers In Pension Fix

By Martin Croucher

The government has admitted that hundreds of thousands of people receiving a National Health Service pension will need to wait nearly two years to see their benefits potentially increase.

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Gov't Told To Reform PPF On Pension Surplus Extraction Plan

By Martin Croucher

The government must extend the safety net of the Pension Protection Fund if it wants retirement schemes to release up to £160 billion ($207 billion) in surpluses to the wider economy, a think tank warned Wednesday.

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Insurers Back EU Delay To Sustainability Rules

By Joel Poultney

European insurers on Wednesday publicly backed the executive branch of the European Union's proposal to temporarily suspend implementing two flagship sustainability regimes, saying the delay allows time to streamline several of the planned reporting requirements.

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LITIGATION

Management Biz. Loses Costs Bid Over Consultant's Theft

By Hanna Vioque

An employment tribunal has refused to force a director to pay the £12,060 ($15,645) that a workforce management firm incurred in defending his claims of unfair dismissal, ruling he didn't sue vexatiously.

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POLICY & REGULATION

FCA 'Thinking Radically' On Savings Welcome, LCP Says

By Joel Poultney

The Financial Conduct Authority "thinking radically" about allowing savers to use accrued pension pots for house deposits is "very encouraging," Lane Clark & Peacock LLP has said.

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City Seeks Regulatory Talks With US Amid Trade Tension

By Alex Davidson

A U.K. financial services trade body called on the government Wednesday to enter stronger financial regulatory dialogues with the U.S. and other countries amid trade uncertainties, boosting investment in high-growth companies.

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COMPANIES IN TODAY'S NEWS

Institute for Energy Economics & Financial Analysis

Insurance Europe Ltd.

JPMorgan Chase & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Commission

European Union

Financial Conduct Authority

National Health Service

UK Ministry of Justice