News

L&G Buy Into Deutsche Bank Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £570 million pensioner buy-in transaction with the DB (UK) Pension Scheme (“the Scheme”). The Scheme is sponsored by a subsidiary of Deutsche […]

News

Huge £3.8m Confiscation Order Against Rogue Day Trader

In a case brought by the Financial Conduct Authority (FCA) and heard at Southwark Crown Court, Her Honour Judge Korner, CMG, QC made a consent confiscation order totalling £3,893,964.82 to be paid by Walid Choucair. […]

Insurance Regulation

To Crypto, Or Not To Crypto, That Is The Question

IE Note; It’s human nature to want a slice of the action when you see others strike it lucky using something like crypto-currency. There’s no hard work or skill involved, nobody really understands how it […]

News

Broker Warning on Lead Thefts by Organised Gangs

Specialist insurer Ecclesiastical is encouraging churches to protect their premises following a spate of lead thefts, which caused over £2million in damage to remote countryside churches. At Lincoln Crown Court on Wednesday (6 January) four […]

Insurance Regulation

Barclays Bank Cops For £26m Fine From the FCA

The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Limited (Barclays) £26 million for failures in relation to their treatment of consumer credit customers who fell […]

InsureTech

Dinghy Joins The Starling Bank Marketplace

Starling Bank has added SumUp payment solutions and Dinghy insurance to their Marketplace, bringing business customers in-app integrations to save them time and money. Anne Boden, CEO and founder of Starling said: “Both these new service […]

InsureTech

Previsico Joins Lloyds Bank Innovation Lab

Live flood forecasting InsurTech Previsico has announced that it will join the ‘Launch Innovation Lab’, powered by Lloyds Banking Group (Lloyds), to collaborate on a solution to support Lloyds Home Insurance customers, as the frequency […]

News

CBILS: SME Owners Are Putting Everything On The Line

The value of personal guarantee backed business loans to SMEs during the pandemic has risen on average by 45% according to analysis by Purbeck Insurance Services, provider of the UK’s only Personal Guarantee Insurance. As applications […]