News

Chancellor’s Autumn Statement 2023: Comment & Reaction

Some comments after Jeremy Hunt’s latest Autumn Statement; UK CAPTIVES CONSULTATION  Caroline Wagstaff, CEO of the LMG comments on the UK Captives Consultation; “The London Market Group is delighted by the announcement today by the […]

InsureTech

Deals: Lumera Working With SH Pension

Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, partnering with Future Core Cloud, has signed a multi-year agreement with SH Pension, a provider of occupational pensions […]

Insurance Brokers

Large Fines For CFP Directors Over Pension Transfer Advice

Latest case report from the FCA; The Financial Conduct Authority (FCA) has decided to fine Toni Fox £681,536 and David Price £632,594 for their roles in operating a flawed pension advice process. This risked people receiving unsuitable advice […]

Opinion

Private Pensions Need To Generate Profits, Not Feelgood Vibes

Straight talking from the Editor’s keyboard; Pensions, both State and private, are generally below the EU average in the UK. The exception to this rule is public sector pensions, which are primarily funded by taxation, […]

Insurance Regulation

FCA Bans Mark Abley From Offering Pensions Advice

Latest update from the FCA; The FCA has banned Mark Abley of County Capital Wealth Management Ltd (in liquidation) (CCWM) from providing any advice on pension transfers. Mr Abley will also pay £106,100 to the […]

News

L&G Still Loving That British Steel Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a fourth and final buy-in policy with the British Steel Pension Scheme (“the Scheme”), totalling £2.7 billion, under which the […]