Gov't Urged To Overhaul Pension Transfer Rules

By Martin Croucher

The U.K. government must urgently overhaul its traffic light system for pension transfers, a trade body said, warning that the rules as drafted are too vague and cause major delays.

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60% Of Insurance Broking M&A Driven By Private Equity

By Martin Croucher

Private equity companies took part in almost two-thirds of transactions that involved European insurance intermediaries in 2024, a consultancy has said.

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Pension Credit Demand Soars After Cuts To Winter Fuel Aid

By Joel Poultney

Some 300,000 U.K. retirees have applied for pension credit so far in the financial year ending March 31, showing a sharp spike from the previous year after the Labour government said it would cut winter fuel payments for millions of pensioners.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen the billionaire Zakay brothers, founders of Topland Group, become embroiled in a legal dispute with each other, Unilever sue three major perfume companies over alleged illegal price-fixing, and the publisher of Vogue magazine file an intellectual property suit against Cornucopia Events. Here, Law360 looks at these and other new claims in the U.K.

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EU Asset Managers See Flaws In ESG Rules Revamping

By Alex Davidson

A trade body has warned that European proposals to water down ESG reporting rules for companies will leave asset managers waiting too long for data, and that it is unclear how broadly they must apply climate change reduction plans.

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FCA Clears CVC's £5.4B Hargreaves Lansdown Takeover

By Najiyya Budaly

CVC Capital Partners said Friday that the finance watchdog has given the green light to its £5.4 billion ($6.8 billion) takeover of wealth manager Hargreaves Lansdown, wrapping up all the regulatory conditions needed to close the deal.

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DWF Hires 4 Marine Insurance Pros From Kennedys

By Tabitha Burbidge

DWF LLP said Friday that it has recruited the head of Kennedys' marine insurance practice and three others to join its team in London.

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